What happened? It looks like the decline in EUR/CHF to 1…
CAD/CHF reached buy target 0.7250
2019-11-11 • Updated
- CAD/CHF reached buy target 0.7250
- Next buy target - 0.7350
CAD/CHF continues to rise after the earlier breakout of the resistance level 0.7250, which was set as the buy target in our previous forecast for this currency pair. The breakout of the resistance level 0.7250 is likely to strengthen the bullish pressure on this currency pair and accelerate the active minor impulse wave 3 – which belongs to wave (3).
CAD/CHF is expected to rise to the next buy target at the resistance level 0.7350 (former powerful support level from the end of March).
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Hello again my friends, it’s time for another episode of “What to Trade,” this time, for the month of April. As usual, I present to you some of my most anticipated trade ideas for the month of April, according to my technical analysis style. I therefore encourage you to do your due diligence, as always, and manage your risks appropriately.
Bearish scenario: Sell below 1.0820 / 1.0841... Bullish scenario: Buy above 1.0827...