AUD/CAD 1H Chart: Channel Up

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Oct 13, 2015.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    USD/CHF 4H Chart: Channel Down Comment: While in the short run the outlook for USD/CHF is bullish, the longer-term perspectives are bearish. During the next few days the pair is expected to reach the level of 0.97, where it should top out near a cluster of resistances, which includes monthly PP, 200-period SMA and also the upper boundary of the emerging channel. Once this upward correction comes to an end, the new target should be a strong demand area at 0.9550, implied by the monthly S1,

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