CADCHF Retesting Broke out level!!!
We managed to see a clean breakout after a long consolidation within 0.7020 resistance level and 0.6818 support level. As of now, I am expecting this BEARISH movement to be a retest to the broken zone before further BULLISH movement take over, Keep an eye on this pair while we expect a nice rejection off this level moving towards 261.8% fib level. I will update again once we reached that level.
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Kindly hit the LIKE Button if you agree with my analysis and feel free to COMMENT your idea below. As for those who are keen to get daily updates and analysis from me feel free to FOLLOW me. Cheers and Happy Trading!!
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