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CAD/CHF Wave Analysis – 05 September , 2018

September 05, 2018 at 05:13PM

• CAD/CHF broke key support level 0.7400 • Further losses are likely CAD/CHF previously broke through the key support level 0.7400 (which stopped the A-wave of the active ABC correction (2) from the start of May, as can be seen below). The breakout of the support level 0.7400 accelerated the active impulse wave C of the aforementioned ABC correction (2). CAD/CHF is expected to fall further and retest the next support level 0.7300 (target for the completion of the active wave C). Continue Reading:…

Author: Wave Tech Analysis https://blog.fxpro.co.uk/market-snapshots/05092018-cad-chf-wave-analysis-05-september-2018/ Selected by SYFX+

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