CADCHF bouncing from Buy Entry | 25th June 2021

CADCHF bouncing from Buy Entry | 25th June 2021 for FX:CADCHF by FXCM

CADCHF bouncing from Buy Entry | 25th June 2021



CADCHF is holding above the ascending trendline support, and RSI has bounced from the support level where we have seen price bounce from in the past. We could see a further rise above Buy Entry level, in line with 50% Fibonacci retracement , 78.6% Fibonacci extension , and horizontal pullback support, towards Take Profit level, in line with 50%, 161.8% Fibonacci extension , and horizontal swing high resistance.

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