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CADCHF – Bullish condition

Yesterday the CADCHF was trading pretty close to an important LT level, it formed a range in the short term charts, as it usually does when the market traders close to the LT levels. But earlier this morning the CADCHF broke through the ST resistance level triggering a bullish market condition:

As long as it trades above 0.8560 I’ll keep looking for long opportunities.

The next LT resistance level is at 0.8895

Trade Safe!

Raul Lopez
Forex Training

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Raul Lopez

I've been trading the markets for more than 12 years. All my trades are based on price action. Check out my Coaching program, I can help you develop a system that helps you trade with better results.