The CADCHF returns to the bullish track – Analysis – 7-5-2021

Economies.com
2021-05-07 07:10AM UTC

The CADCHF pair ended its mixed fluctuation by providing positive close above 0.7400 level that forms key support against the bullish attempts, also, stochastic provides the positive momentum by approaching 80 level to increase the chances of forming strong bullish waves and expect target 0.7530 followed by reaching 0.7580 in the upcoming period.

 

The expected trading range for today is between 0.7430 and 0.7530

 

The expected trend for today: Bullish

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