Hello Traders, I’m Mani and I’m the writer of Trade 77 section, please follow me on twitter for further updates.
CADCHF is hardly struggling to break 0.9925 and go up but in it’s last fourth attempt it was unsuccessful indicates that this level is too important.
Meanwhile, more pressure will add when we see 0.9950 and parity are other great resistant areas that are exactly near the price now.
So many resistant areas are in the way and now it’s struggling to defeat 0.9925.
I’m not going to create a setup for going short as NFP is on the way, so I recommend to wait and watch this pair and we might have a great setup in the next week.
I’m going to write a fast update about this pair if any breakout we had, so make sure that you are following me on twitter so you can be informed of any trade calls for this pair and if you found this post useful let your followers to read it too, so please retweet this article with the button above of the article.
Winner’s Edge Trading, as seen on: