YGForex

CADCHF: Rejection From The Ichi Cloud...BEARISH Movement!!

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FX:CADCHF   Canadian Dollar/Swiss Franc
As price level move closer to the resistance line @0.6998, I will be see BEARISH pressure building for this pair. Currently, we can see price moving in the ichi cloud where a rejection from there could give us a nice BEARISH signal to the downside. I will be targeting the 1.618 price level which is also a strong support level @0.6916 price level. This will be a short term trade opportunity.

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