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11021992

CADCHF setup for the coming weeks

Short
Canadian Dollar/Swiss Franc (FX:CADCHF)  
11021992  
FX:CADCHF   Canadian Dollar/Swiss Franc
CADCHF structure Forex
8
0
cadchf structure forex
Hi traders,

I am expecting the steep, purple, trendline on the CADCHF to break at this point. Price can then move up to 0.778 area, to go reverse from there. This might take a few weeks before we get there.
  • Trend continuation
  • Previous support & resistance
  • Trendline

Entry: 0.778
Stop: 0.8
Target 1: 0.7356
Target 2: 0.7005

Best of luck!

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