FX.co - CAD/CHF approaching resistance, potential drop!

2020-05-08T02:36:00

Relevance until2020-05-09

Trading Recommendation

Entry: 0.69861

Reason for Entry: horizontal swing high resistance, 78.6% fibonacci retracement, and 78.6% fibonacci extension

Take Profit : 0.68783

Reason for Take Profit: horizontal swing low support, 61.8% fibonacci retracement

Stop Loss: 0.70223

Reason for Stop loss: 100% fibonacci extension

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade

Analytical expert

Dean Leo

FX.co ★ CAD/CHF approaching resistance, potential drop!