CAD/CHF Reversed Off Resistance, Prepare For Further Drop!
August 20, 2018 6:21 am
CAD/CHF reversed off its resistance at 0.7625 (61.8%, 100% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing high resistance) where it is expected to drop further to its support at 0.7583 (61.8% Fibonacci extension, 50% Fibonacci retracement).
Stochastic (55, 5, 3) reversed off its resistance at 95% where a corresponding drop is expected.
CAD/CHF reversed off its resistance where we expect to see a further drop.
Sell below 0.7625. Stop loss at 0.7647. Take profit at 0.7583.
CAD/CHF reversed off its resistance at 0.7625 (61.8%, 100% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing high resistance) where it is expected to drop further to its support at 0.7583 (61.8% Fibonacci extension, 50% Fibonacci retracement).
Stochastic (55, 5, 3) reversed off its resistance at 95% where a corresponding drop is expected.
CAD/CHF reversed off its resistance where we expect to see a further drop.
Sell below 0.7625. Stop loss at 0.7647. Take profit at 0.7583.
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The material has been provided by InstaForex Company – www.instaforex.com
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