CAD/CHF poured down from the highs steeply.
It hit the support level of 0.74854 and made a U-shaped correction.
Now, it is at a critical price action resistance zone which could cap the rally.
Hence, traders can sell on rise expecting a move to the support level of 0.74854.
It hit the support level of 0.74854 and made a U-shaped correction.
Now, it is at a critical price action resistance zone which could cap the rally.
Hence, traders can sell on rise expecting a move to the support level of 0.74854.
Trade closed: target reached:
Cash-out 80+ pips.!