CADCHF facing bullish pressure | 31 Mar 2021

CADCHF facing bullish pressure | 31 Mar 2021 for FX:CADCHF by FXCM

CADCHF facing bullish pressure | 31 Mar 2021



Prices are facing bullish pressure from ascending trendline support and horizontal swing low support which is in line with 78.6% Fibonacci extension and 61.8% Fibonacci retracement . Prices might push up towards 1st resistance which is in line with 78.6% Fibonacci extension and horizontal swing high resistance. If price pushes down lower, it might take support on 2nd support which is in line with 127.2% Fibonacci extension and 78.6% Fibonacci retracement . Ichimoku cloud is also below prices, showing a bullish pressure for prices.

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