CAD/CHF Signal- November 28, 2012
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
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