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CAD/CHF Signal- November 28, 2012

November 28, 2012 | Filed Under »
Forex pairs in this Article » CAD/CHF
By: DailyForex.com

Currency: CAD/CHF Method: Elliott Waves Description:Follow up on my yesterday post on CAD/CHF, A break in falling channel took place yesterday for new fresh wave expected to reach a new high levels. Yesterday the trend completed wave i and corrected ii at 0.618 Fibonacci at 0.93441. It looks attractive to me to buy and hold the pair targeting 1.618 Fibo expansion at 0.94200 price level. Recommendation: Buy & Hold Stop Loss: 0.9300 Target: 0.94200



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