CADCHF Potential rebound to 0.712 but might fail to test 0.72

CADCHF

CADCHF is in its lower bound of Bollinger band in the daily chart, so rebound potentially happening in a short term. Resistance 0.712 seems achievable but it will hard to breakthrough resistance 0.72xx unless there is significant financial news or fundamental progress.

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Disclaimer:
This information is for educational purposes and is not an investment recommendation nor to be representative of professional expertise. This analysis used herein is for illustration purposes only. This personal opinion should not be considered specific investment advice. I am not responsible for any trades, and individuals are solely responsible for any live trades placed in their own personal accounts.