CAD/CHF reversed from resistance zone

CAD/CHF reversed from resistance zone

  • CAD/CHF reversed from resistance zone
  • Next sell target - 0.7530          

CAD/CHF recently reversed down from the resistance zone lying between the strong resistance level 0.7630 (which has been steadily reversing the price from the start of June), upper daily Bollinger Band and 50% Fibonacci correction of the downward correction (2) from May. CAD/CHF is expected to fall further toward the next sell target at the next support level 0.7530 (low of wave 2).

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