Jason.efx

CADCHF Long

Long
OANDA:CADCHF   CAD/CHF
CADCHF broke 4H downtrend lines. 4H fib retrace hit 61.80% and shot off. You could say we tested the new support of 0.74636 and have bounced after breaking through and testing again with a pullback.

We have Moving Averages crossing on the daily chart . We are looking for price to be tested at the resistance zone of around 0.75699.