IceTrading

CADCHF Potential Change of Trend

Long
FX:CADCHF   Canadian Dollar/Swiss Franc
Here we can see a successful rebound off of the ~0.73000 price level and a clear violation of the 3-month Downtrend structure on a daily chart. These clues leave us with a good probability that CADCHF could potentially take on a new Uptrend. Feel free to leave your thoughts and comments. Happy Trading!

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