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CADCHF Potential Longs


 

Reading price action, we can see CADCHF is testing a strong area of support in confluence with a huge shift and double bottom at a .72500 key zone. If the price shows signs of rejection we can anticipate longs.

 

Omer Kambal

ChartAddicts

8/2/2021


*Forex is a leveraged product and may not be suitable for you as it carries a high degree of risk to your capital, and you can lose more than your initial investment. You should ensure you understand all the risks. By undertaking these types of high-risk trades, you acknowledge that you are trading with your available risk capital and any losses you may incur will not adversely affect your lifestyle. The high degree of leverage can work against you as well as for you."

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