Canadian Dollar/Swiss Franc
Satış

CADCHF going down

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On Friday the market beat local support on CADCHF, which today was re-tested from below and rejected (as resistance). It should be noted that this level coincided with the 38.2% Fibonacci correction, where a strong supply response occurred. If today’s minima are defeated, we could expect continuation of declines. Therefore, consider short position on this instrument.

Feragatname

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