CADCHF:Buy above break out

FX:CADCHF   Canadian Dollar/Swiss Franc
73 0 1
Major resistance – 0.7410 ( trend line joining 0.75168 and 0.7457)

Minor support – 0.7370

CAD/CHF             is facing strong resistance around 0.7410 and any break above confirms minor trend reversal .The pair has made a high of 0.74093 and slightly declined from that level. It is currently trading around 0.7408.

Any break above 0.7408 will take the pair to next level till 0.7450/0.7515 in short term.

On the lower side any break below 0.7370 will drag the pair down till 0.7330/0.7300 level.

It is good to buy above 0.7410 with SL around 0.7370 for the TP of 0.7455/0.7515
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