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Bullish CAD/CHF Headed to 1.0050, 1.0250?

posted by Avatar fx360 1037 days ago in CHF, CAD, Technical made popular 1037 days ago

This CAD/CHF hit fresh highs this week moving above previously established 61.8% resistance near .9850 while eclipsing the .99 handle for the first time since November 2008. This along with the aggressive rally we've seen nearly all month long point to bullish continuation up to at least 1.0050-86 where we see converging fib resistance and potentia
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