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 - 0.7870

CAD/CHF continues to rise inside the minor impulse wave (iii) which started earlier from the support area lying between the key support level 0.7740 (which has been steadily reversing the pair from the end of September, as can be seen below), lower daily Bollinger Band and the 38.2% Fibonacci correction of the previous minor impulse wave 1 from the end of June. CAD/CHF is expected to rise toward the next buy target at the next resistance level 0.7870 (top of the previous waves (b) and (i)).

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