Rimani 
Condizioni di trading
Strumenti
CAD/CHF has been moving clearly downwards since January 5 heading towards lower highs and lower lows. The pair found the support near 0.6970, but under the heavy volume it has been broken on January 15 confirming the ongoing downtrend.
After the support breakout, the Fibonacci retracement indicator applied to the first corrective wave up showed the potential downside target near S2 (0.6775). Then, after moving lower again, the current corrective wave was stopped at the 23.6% Fibonacci retracement applied to a high reached on January 5 and today's low.
Consider selling CAD/CHF while it is trading near R1 (0.6975), targeting the S2 (0.6775) support area. The stop loss should be placed well above the R1 resistance.
Support: 0.6850, 0.6775
Resistance: 0.6945
Le recensioni analitiche di InstaForex ti renderanno pienamente consapevole delle tendenze del mercato! Essendo un cliente InstaForex, ti viene fornito un gran numero di servizi gratuiti per il trading efficiente.
Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of Instant Trading EU Ltd including online trading, online transfers, deposit/withdrawal of funds, etc.
If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.
Why does your IP address show your location as the USA?
Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.
We are sorry for any inconvenience caused by this message.
