23.11.2021
The overall trend is upward. The descending wave patterns are truncated. A bullish divergence has formed on the Awesome Oscillator, while the Stochastic Oscillator signals oversold conditions. The breakout of 0.7360 will result in the formation of an ascending wave pattern within the general uptrend.
CAD/CHF rate online: monitor the price movement in real time.
Trading idea:
Buy at the breakout of 0.7360.
Stop Loss: below the mirror level of 0.7310.
Target levels: 0.7420; 0.7480.
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