CAD/CHF rising inside minor impulse wave (iii)

CAD/CHF rising inside minor impulse wave (iii)

  • CAD/CHF rising inside minor impulse wave (iii)
  • Next buy target - 0.7930

CAD/CHF continues to rise inside the minor impulse wave (iii), which started recently from the support zone located between the key support level 0.7770 (which was set as the sell target in our previous forecast for this currency pair), lower daily Bollinger Band, 50-day moving average and the 50% Fibonacci correction of the upward impulse (i) from August. CAD/CHF is expected to rise to the next buy target at the next resistance level 0.7930.

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