InvestingScope
Long

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

FX_IDC:CADCHF   CANADIAN DOLLAR / SWISS FRANC
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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