austinlmkc

CAD/CHF - Will it the bulls rally?

Long
FX:CADCHF   Canadian Dollar/Swiss Franc
Looking at this chart I see a future layout on CAD/CHF. The current price of sits at around 0.72863 right around at 0.7235 (previous support level), I think a rally could happen in the next 1-2 days if it hits the support zone. Once support zone is hit, price could go as high as 0.73395 to the previous support zone that turned into now resistance. If price reaches this point, we will then either see a bearish movement or an even bigger rally.

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