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Canadian Dollar / Swiss Franc

CADCHF 4H

Von MTForexBook
Aktualisiert
Seems to be a clear horizontal line of activity (stars). It backtested ascending trend line, fell to support and now looks to be heading towards potential major weekly resistance lines. I'm assuming a short-term upward move, pullback to retest and then up to said trend lines.
Anmerkung
Had a nice uptick since the timestamp (blue dot). We've got an ascending triangle, which it just broke out of. Could retest the top line and potentially go further up. Or, it could test recent highs.

Snapshot
Anmerkung
There was a very impulsive move down this morning. Thus, I think we could either go down to horizontal support and come back up to the horizontal line that was broken. Or, we could shoot down below the new horizontal support, retest and then head further down.

Snapshot
CADCHFForexSupport and ResistanceTrend Lines
MTForexBook

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