Forex Trend Indicators CAD/CHF 10-1-2014

The CAD/CHF is in a trend going up using the moving average indicators you see below. The trend you see is on the W1 time frame. The current resistance level is at 0.8600. We would set a price alert here. When the alert hits check The Forex HeatmapĀ® to validate your buy entry point. We see no nearby resistance past there, any buy position has excellent upside potential. The EUR/CAD is moving inversely to this pair on the Canadian Dollar (CAD) strength and is trending down, it is breaking support levels on the largest time frames.

Forex Trend Indicators CAD/CHF 10-1-2014

Forex Trend Indicators CAD/CHF 10-1-2014

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