Home About the company Daily reviews CADCHF analysis 03.03.2020

CADCHF analysis 03.03.2020

03.03.2020

Market Review

The currency pair is testing the historical support level that was formed in 2011.


A descending truncated pattern of the H4 level has formed on the H1 timeframe. A bullish divergence has formed on Awesome Oscillator. The breakout of 0.7207 will result in the formation of an ascending M15 level pattern.

Trading recommendations:

Buy above 0.7207.

Stop loss: 0.7135.

The target levels: 0.7249; define the second goal based on your trading style.

Author: admin
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