ALIHAMID

CADCHF-Sideways/ranging/Accumulation

OANDA:CADCHF   CAD/CHF
After long bearish trend for the last two months, CADCHF is in sideways movement and may be in the accumulation phase. A bullish divergence appeared on RSI on the hourly chart. Support and resistance levels are marked and the instruments are trading within this range. It can break out either upward or downward.
The trade orders both at the resistence and support levels can be placed to get the break out in either directions
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