Market Outlook and Analysis (Oct2019 Week1)
Currency Pair: CADCHF
Technical Analysis – CADCHF
CADCHF D1 Chart: Potential move towards 0.7300 Support
The targets for the Bearish Bat are still intact. Potentially see more downside as it is still in play and we could potentially see price going towards the 0.7380/00 levels.
CADCHF H4 Chart: Sell on rallies towards 0.7380/00
With the bearish move to potentially extend, we could look for opportunities to short on any rallies/bounce. Targets could be as low as 0.7380 / 0.7300. Let’s see how this pair opens at the beginning of the week.
A Special Invitation to you
Calling out to those of you who are based here in Singapore. We are running a 3-hr Workshop on the 10th October (7pm). Best suited for people who are open to explore Forex Trading, currently trading but still not getting the results your desire and for those who wants to make a difference in their Financial Goals.
Register HERE today, bring your friend whom you think will benefit from this session. Growing our Trading Community together.
September has been an amazing month for us, and expecting October to be even better.