Quotations of the currency pair Canadian Dollar to Swiss Franc CAD/CHF continue to trade at 1.0057. At the moment, the potential remains for the pair to continue to fall below 0.705 as part of the start-up of the downward Woolf wave model. However, to complete the model, it is important to see the test area of 0.7565, from which it is expected to fall.
CAD/CHF Technical Analysis on April 10, 2017
In favor of the decline in quotations CAD/CHF is the formation of the reversal model Head and shoulders on the indicator of relative strength. The cancellation of the fall of the pair will result in a strong growth above the level of 0.7630, indicating that the pair will continue to grow. Expect to accelerate the fall is with the breakdown of the trend line on the indicator of relative strength.
CAD/CHF Technical Analysis on April 10, 2017 involves an attempt to fall as part of the start-up of the bearish wave model of Wolf to fall near the 0.7405 area.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
