CADCHF Weekly Outlook
Mothly: Weak down trend. Deep bull pullback is possible. If we look at body of last candles then we will see that bulls are stronger right now. But it does not mean that price will go up.
Weekly: Sideways move. Short is late and dangerous. We can wait for price to engulf 0.7961 and then look for longs. But keep in mind that trend is still down. So buys are against main trend.
Weekly: Sideways move. Short is late and dangerous. We can wait for price to engulf 0.7961 and then look for longs. But keep in mind that trend is still down. So buys are against main trend.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.