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CADCHF analysis 21.10.2020

21.10.2020

Market Review

CADCHF

The currency pair is trading in the range of the upper limit of the descending price channel. The ascending pattern is truncated. Awesome Oscillator shows a bearish divergence, while Stochastic Oscillator indicates an overbought condition. The inclined channel of the ascending truncated wave pattern of the M30 level is broken.

CADCHF rate online: monitor the price movement in real time.

Trading recommendations:

Sell when a descending wave pattern is formed.

Stop Loss: 0.6927.

Target levels: 0.6895; 0.6880.

Author: admin
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