Open account Log in

CAD/CHF reached buy target 0.7500

Read the article on FBS website
  • CAD/CHF reached buy target 0.7500
  • Next buy target - 0.750

CAD/CHF has been rising sharply in the last few trading sessions inside the minor impulse wave 3 – which earlier broke though the combined resistance area lying between the resistance level 0.7500, 61.8% Fibonacci correction of the previous downward impulse from the middle of February and the 200-day simple moving average. The price today reached the resistance level 0.7600 (previous buy target). If the pair closes above this resistance level - CAD/CHF can then be expected to rise to the next buy target at the next resistance level 0.7650.

Share with friends:

Similar

Latest news

Instant opening

This website is owned and operated by Mitsui Markets Ltd. Address: 133 Santina Parade, Elluk, Port Vila, Efate, Vanuatu.

Mitsui Markets Ltd. does not offer financial services to residents of certain jurisdictions, including, but not limited to: the USA, the EU, the UK, Israel, the Islamic Republic of Iran, Myanmar.


Payment transactions are managed by НDС Technologies Ltd.; Registration No. HE 370778; Legal address: Arch. Makariou III & Vyronos, P. Lordos Center, Block B, Office 203, Limassol, Cyprus. Additional address: Office 267, Irene Court, Corner Rigenas and 28th October street, Agia Triada, 3035, Limassol, Cyprus.


Risk warning: Before you start trading, you should completely understand the risks involved with the currency market and trading on margin, and you should be aware of your level of experience.

Any copying, reproduction, republication, as well as on the Internet resources of any materials from this website is possible only upon written permission.


The information on this website does not constitute investment advice, a recommendation, or a solicitation to engage in any investment activity.

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.