The CADCHF pair still stable within the bullish channel to confirm the preparation to form strong positive attack by moving away from 0.7790 support line, while the price gets its main momentum by the moving average 55 consolidation below the current price besides stochastic rally above 50 level, to expect targeting 0.7900 followed by 0.7962 in the upcoming period.
Expected trading range for today is between 0.7820 and 0.7900
Expected trend for today: Bullish
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Bitcoin price continues to rise to approach gradually from the main bullish channel's resistance at 5845.00, and the price gets continuous positive support by the EMA50, waiting to breah the mentioned level to confirm extending the bullish wave towards 6220.00 followed by 6300.00 as next main stations.
MoreThe USDCHF pair rallies upwards strongly by today's opening to breach the resistance line that appears on chart and attempts to hold above it, which hints the price turn to rise on the short term basis, supported by the positive signals provided by stochastic and the EMA50.
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