Captain_Maj

CADCHF finally breaking?

Panjang
FX:CADCHF   Canadian Dollar/Swiss Franc
Been following CADCHF for several months now, as Daily chart showing big consolidation volume box thats bound to break.

Over the last couple months alone, price has been rejected above 0.6990 many times.
Will this be the time we finally get follow through.

This week has started with strong demand, pushing price higher with little pullbacks (was hoping for an IHS to form). Looking at that 0.6990/0.6980 level to hold for bullish bias to play out.
Targets here are Jan highs first, but looking at the daily, expecting much bigger move to the upside.

Watch & see how this plays out.

Penafian

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