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CADCHF - Descending channel

Short
Canadian Dollar/Swiss Franc (FX:CADCHF)  
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FX:CADCHF   Canadian Dollar/Swiss Franc
Support and Resistance Trend Lines Parallel Channel Forex forextrading forexsignal cadchfshort shortsetup tradingstrategies tradingtips forexnews Contains image
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supportandresistance trendline parallelchannel forex forextrading forexsignal cadchfshort shortsetup tradingstrategies tradingtips forexnews containsimage
The price moves in a descending channel and has reached the upper part of the channel and a strong resistance level. It is expected to move downwards and target previous support levels as well as the lower part of the channel.

1D descending channel:
snapshot

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Idées en relation

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EURAUD - Strong support level
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EURUSD - Start of upward movement
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EURGBP: bearish momentum
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USDCAD- on strong support
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EURGBP: Descending triangle
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USDCAD: bullish movement
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EURAUD: Continuation of the uptrend
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GBPUSD - Bearish momentum
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AUDUSD - Range
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CHFJPY - ascending trendline break
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NZDCHF - descending channel.
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NZDCAD - descending channel
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NASDAQ - Bullish movement resume
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EURAUD - in an ascending channel
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GBPCAD bullish momentum
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