CADCHF is trading in a bullish parallel channel, making higher highs and higher lows. The price has approached to horizontal resistance area which will be act as a strong one.
We are expecting price will retrace to the bottom of the channel first and may test the horizontal level there on.
Alternatively, breaking above will bring more bulls in the party.
Trade your levels accordingly.
We are expecting price will retrace to the bottom of the channel first and may test the horizontal level there on.
Alternatively, breaking above will bring more bulls in the party.
Trade your levels accordingly.
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