CADCHF strongly bounced off the weekly resistance zone dropping and closing the week below the pivot.
A break below 0.7470 will open the way to 0.7408 support initially.
If the price consolidates above 0.75250, we can expect continuation of the bullish retracement to 0.7584 and 0.7646 resistance levels.
A break below 0.7470 will open the way to 0.7408 support initially.
If the price consolidates above 0.75250, we can expect continuation of the bullish retracement to 0.7584 and 0.7646 resistance levels.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.