The CADCHF awaits the negative momentum – Analysis
The CADCHF pair touched 0.6780 level to form intraday obstacle against the negative trades, to notice forming temporary correctional rebound and test the additional barrier at 0.6890.
We assure the importance of gathering the additional negative momentum to manage to renew the bearish attempts and repeat the pressure on 0.6780 level, while achieving the required break will push the price to reach the additional negative stations at 0.6740 and 0.6670.
The expected trading range for today is between 0.6870 and 0.6740
The expected trend for today: Bearish
We assure the importance of gathering the additional negative momentum to manage to renew the bearish attempts and repeat the pressure on 0.6780 level, while achieving the required break will push the price to reach the additional negative stations at 0.6740 and 0.6670.
The expected trading range for today is between 0.6870 and 0.6740
The expected trend for today: Bearish
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