USD/NOK 1H Chart: Channel Up

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Nov 9, 2015.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    CAD/CHF 1H Chart: Triangle Comment: Although CAD/CHF has recently broken the support trend-line to the downside and the technical indicators are either bearish or neutral, the currency pair retains a good chance to recover. There is a new up-trend at 0.7555, and an additional support area is at 0.7545, created by the recent lows and 200-hour SMA. If the latter level is violated, however, the outlook will be changed to bearish. On the other hand, a close above 0.7580 in the nearest future will

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