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Roy_Preferforex
Mar 19, 2024 2:40 PM

PreferForex Analysis on CADCHF Long

CAD/CHFOANDA

Description

According to market analysis, CADCHF is currently showing a bullish bias. It has broken the recent swing high, which suggests that there may be more bullish movement to come. At present, the price is retracing, This retracement is due to the need for liquidity and to mitigate the unmitigated point of interest (POI). However, we can expect a bullish continuation once the price touches the POI at the bottom.
Comments
TheFxAce
Your optimistic assessment of market conditions is well-grounded in data.
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