nikkyphenom
Short

Maple Leaf vs Swiss Banks (CADCHF)

FX:CADCHF   Canadian Dollar/Swiss Franc
CADCHF             began it's recent motive/impulse wave at about the 5th of March, 2018. I think it's a motive wave and not a correction because of the nature of it's movement. Wave 1 and 2 are done. And in my opinion, wave 3 just terminated at the 0.618 retracement of the last bearish move. I expect price to drop to the 0.382 retracement of the rally at least at 0.75102. This level is also the terminating point for wave iv of 3. Corrections usually hit wave 4 of the impulse move.
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