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CAD/CHF reversed from support zone

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  • CAD/CHF reversed from support zone
  • Next buy target - 0.7630                                                                

CAD/CHF recently reversed up from the support zone lying between the key support level 0.7530 (which has been reversing the price from the start of July) and the 38.2% Fibonacci correction of the upward impulse 1 from June. The upward reversal from this support zone started the active impulse wave 3. CAD/CHF is expected to rise further toward the next buy target at the next resistance level 0.7630 (top of wave 1).

           

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