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11021992
Apr 3, 2016 4:29 PM
CADCHF setup for the coming weeks
Short
FX:CADCHF
1D
Canadian Dollar/Swiss Franc
FXCM
Description
⋅
Apr 3, 2016 4:29 PM
Hi traders,
I am expecting the steep, purple, trendline on the CADCHF to break at this point. Price can then move up to 0.778 area, to go reverse from there. This might take a few weeks before we get there.
Trend continuation
Previous support & resistance
Trendline
Entry: 0.778
Stop: 0.8
Target 1: 0.7356
Target 2: 0.7005
Best of luck!
CADCHF
structure
Forex
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