Mihai_Iacob

CadChf- A bottom could be in place

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Mihai_Iacob 已更新   
OANDA:CADCHF   CAD/CHF
Since the double top back in May 2022, the CadChf pair has traded in a clear and nice downtrend.
However, although the pair is still under the falling trend line, the pair hasn't made a significant new low after the May one, and for a month now it has been stuck around 0.65.
A reversal could be next for this pair and, considering a target at the recent 0.68 high, a nice 1:3 risk: reward could be achieved.

Keep in mind is a very slow pair!
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