The CADCHF still bearish – Analysis – 25-11-2022

2022-11-25 06:57:00 GMT (Economies.com)
 

Despite the CADCHF pair’s forming some correctional bullish waves and settling near 0.7080, that won’t affect the main bearish track due to its consolidation below 0.7135 resistance in addition to the continuous negative momentum coming by the major indicators.

 

We expect to form strong bearish wave soon to press on 0.7040, while breaking it will start targeting new negative stations by moving towards 0.6995 and 0.6940.

 

The expected trading range for today is between 0.7100 and 0.7000

 

The expected trend for today: Bearish

 
 
 
  Symbol Last Change Chg.%
1.0512
0.0070
0.6709%
1.2248
0.0200
1.6584%
22.730
1.374
6.436%
81.249
6.820
9.163%
87.32
0.34
0.39%
1802.445
51.970
2.969%
 
 
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