FXCM

CADCHF facing bullish pressure|18th June 2021

Long
FX:CADCHF   Canadian Dollar/Swiss Franc
CADCHF facing bullish pressure from ascending trendline support, horizontal swing low support in line with 100% Fibonacci extension , and 61.8% Fibonacci retracement . Prices might push up towards horizontal swing high resistance in line with 100% Fibonacci extension . If prices push down further, prices might take support on horizontal swing low support in line with 161.8% Fibonacci retracement and 161.8% Fibonacci extension . Ichimoku cloud is also below prices, showing bullish pressure for prices.

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