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Canadian Dollar/Swiss Franc
Short

CADCHF Testing Resistance, Potential Reversal

By ICmarkets
Broker
CADCHF is testing its resistance at 0.7550 (61.8% Fibonacci extension, 38.2% Fibonacci retracement, horizontal overlap support) where price could drop to its support at 0.7399 (horizontal swing low support).

Stochastic (55, 5, 3) is approaching its resistance at 95% where a corresponding reversal could occur.
CADCADCHFcadchfshortChart PatternschfForexforexsignalsHarmonic PatternsTrend Analysis
ICmarkets
Broker
IC Markets is an online forex broker specialized in providing transparent trading solutions to both retail and institutional investors alike. We provide superior execution technology, lower spreads and unrivaled liquidity.
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