Doomsday Over For CADCHF!!! Going back up to where it belongs!!!

If we observe CADCHF, 0.7220 price level was once a strong support level with a strong resistance at 0.7692 price level. We could see many price movement within this 2 price level with the support and resistance holding this price level very strongly. However, we could see that 0.7220 price level was eventually broken turning the price level to a strong resistance level. What we should be looking at for now is a bullish movement back up to retest that level. If manage to break that resistance level with a clean breakthrough the price level will be back to where it belong, However, we see a rejection at that level we could see this price dropping back to the support level or even futher. I will update again when we are near that level.

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