CAD/CHF rising inside minor impulse wave 3

CAD/CHF rising inside minor impulse wave 3

  • CAD/CHF rising inside minor impulse wave 3
  • Next buy target - 0.7900

CAD/CHF continues to rise inside the minor impulse wave 3 which started previously from the support zone lying at the intersection of the key support level 0.7740 (low of the previous wave (a)), lower daily Bollinger Band and the Fibonacci cluster made out of the 50% Fibonacci correction of the upward impulse from August and the of the 38.2% Fibonacci correction of the upward impulse from June. CAD/CHF is expected to rise further to the next buy target at the next resistance level 0.7900.

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