Tag: CADCHF

• CADCHF reversed from resistance level 0.7420• Likely to fall to support level 0.7350 CADCHF recently reversed down from the pivotal resistance level 0.7420 (previous monthly high from November), intersecting with the upper daily Bollinger Band. The downward reversal from the resistance level 0.7420 stopped the previous impulse waves (iii), (c). CADCHF can be expected […]

• CADCHF reversed from support area• Likely to rise to resistance level 0.7300 CADCHF continues to rise after the earlier reversal from the support area located between the key support level 0.7200, lower daily Bollinger Band and the 61.8% Fibonacci correction of the previous upward wave 2 from December. The upward reversal from this support […]

• CADCHF reversed from resistance level 0.7300• Likely to fall to support level 0.7250. CADCHF currency pair recently reversed down from the pivotal resistance level 0.7300 (which has been reversing the pair from the start of February). The resistance zone near the resistance level 0.7300 was strengthened by the upper daily Bollinger Band and by […]