XAU/USD 4H Chart: Channel Up

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Jan 29, 2016.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    CAD/CHF 1H Chart: Rising Wedge Comment: There are signs that the latest recovery from 0.68 might have come to an end. CAD/CHF is trading within the boundaries of the rising wedge, and this implies weakening demand for the Loonie. The base case scenario is a dip through the green trend-line during the next two days. If this is indeed the case, the first target will be at 0.7180 (Jan 28 low), but the pair will have the potential to decline lower, down to the 0.7085/70 demand zone, where we have

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