CADCHF: Optimal long term buy opportunity.

The pair is on a rebound after hitting the 0.7265 1W Support. The 1D RSI as also bottomed and the 1D chart has turned neutral again (RSI = 43.051, STOCH = 52.103, ADX = 31.122, CCI = -2.6752, Highs/Lows = 0.0000) for the first time since late December.

We are expecting this rebound to be extended past the 1D MA200 and our Target Zone is on the 0.75375 - 0.75550 Symmetrical Resistance Zone.




** If you like our free content follow our profile (https://www.tradingview.com/u/InvestingScope) to get more daily ideas. **

Comments and likes are greatly appreciated.