. Weekly CADCHF Price News & Technical Analysis - 24 April 2023

Weekly CADCHF Price News & Technical Analysis – 24 April 2023

Weekly CADCHF Price News & Technical Analysis – 24 April 2023

24 Apr 2023

CADCHF Technical Analysis: Weekly Chart

In the weekly charts, CADCHF is trading in a down channel. CADCHF is currently trading below all SMA.

RSI is in the buying zone which indicates bullishness. MACD is currently below zero which indicates bearishness.

Its immediate support is 0.64000 the resistance level is at 0.67000

CADCHF will trade in a down channel until there is a trend reversal.

CADCHF Technical Analysis: Daily Chart

In the daily charts, CADCHF is trading in an up channel. CADCHF is currently trading below all SMA.

RSI is in the buying zone which indicates bullishness. MACD is currently below zero which indicates bearishness.

Its immediate support is 0.65000 the resistance level is 0.66000

CADCHF will trade in a down channel until there is a trend reversal.

How to Trade CADCHF this Week:

CADCHF will follow the downtrend until its trend reversal. So, remain bearish on CADCHF

TRADE SUGGESTION- SELL AT 0.65675, TAKE PROFIT AT 0.64000, AND STOP LOSS AT 0.66500.