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CADCHF: Bullish break-out. Targeting the 1D Resistance.

Long
CANADIAN DOLLAR / SWISS FRANC (FX_IDC:CADCHF)  
InvestingScope  
FX_IDC:CADCHF   CANADIAN DOLLAR / SWISS FRANC
Trend Analysis Chart Patterns Technical Indicators CADCHF CAD chf canadiandollar swissfranc Forex Currencies currency
9
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trendanalysis chartpattern indicator cadchf cad chf canadiandollar swissfranc forex currencies currency
The pair just broke the 0.75480 - 0.75570 4H Resistance Zone, which is a technical confirmation of a bullish extension. The obvious target is the 0.76200 1D Resistance. Since 4H is trading within a Channel Up (RSI = 68.638, MACD = 0.001, Highs/Lows = 0.0031), if the Higher High doesn't break, we may pull back towards 0.75300 before testing 0.76200.





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