CAD/CHFשורט
SHORT Overall view of CADCHF - Update of June 17th week
Previous view: Odds of a bull pullback are medium/high, stay bullish and buy at any low point while we don't break the 0.74400 bottom level, which will confirm the bearish pressure.
Actual outcome: Prices tested 0.74400 bottom level; although the was a tiny rejection, the bearish pressure has been confirmed.
Possible targets: @0.74000 (+30pips) and @0.73640 (+80pips).
Advice: Stay bearish and sell at any high point while prices don't break the 0.74650 top level.
Correlated pairs: USDJPY (92.8%)
We are more likely to experience a strong bull spike with the USDJPY which is currently at a support zone and showing a progressive upward trend. Moreover, that might be the clue that CADCHF's odds to continue its bear run are higher.
Actual outcome: Prices tested 0.74400 bottom level; although the was a tiny rejection, the bearish pressure has been confirmed.
Possible targets: @0.74000 (+30pips) and @0.73640 (+80pips).
Advice: Stay bearish and sell at any high point while prices don't break the 0.74650 top level.
Correlated pairs: USDJPY (92.8%)
We are more likely to experience a strong bull spike with the USDJPY which is currently at a support zone and showing a progressive upward trend. Moreover, that might be the clue that CADCHF's odds to continue its bear run are higher.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.