ahmed.barakat1

TECHNICAL ANALYSIS (CADCHF) PAIR 07/01/2015

Long
FX:CADCHF   Canadian Dollar/Swiss Franc
0
Here is an other opportunity were the Canadian droller is strengthen Ivey PMI came with good result and better than expected .

55.4 52.3 56.9


and why did I chose this pair rather than the USDCAD is because the USD is remain strong cross all the board and the EUR is very weak which influence the Swiss franc and push it down.

Trading setup :

Buy at ------------------------> 0.8566

Stop loss at ----------------------> 0.8505

Take profit 1 at -----------------> 0.8640

Take profit 2 at -------------------> 0.8720

Good luck traders !!
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