Previous view: Odds of a bull pullback are medium/high, stay bullish and buy at any low point while we don't break the 0.74400 bottom level, which will confirm the bearish pressure.
Actual outcome: Prices tested 0.74400 bottom level; although the was a tiny rejection, the bearish pressure has been confirmed.
Possible targets: @0.74000 (+30pips) and @0.73640 (+80pips).
Advice: Stay bearish and sell at any high point while prices don't break the 0.74650 top level.
Correlated pairs: USDJPY (92.8%)
We are more likely to experience a strong bull spike with the USDJPY which is currently at a support zone and showing a progressive upward trend. Moreover, that might be the clue that CADCHF's odds to continue its bear run are higher.
Actual outcome: Prices tested 0.74400 bottom level; although the was a tiny rejection, the bearish pressure has been confirmed.
Possible targets: @0.74000 (+30pips) and @0.73640 (+80pips).
Advice: Stay bearish and sell at any high point while prices don't break the 0.74650 top level.
Correlated pairs: USDJPY (92.8%)
We are more likely to experience a strong bull spike with the USDJPY which is currently at a support zone and showing a progressive upward trend. Moreover, that might be the clue that CADCHF's odds to continue its bear run are higher.
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면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.