CADCHF is currently rallying around 0.69729. On the Daily Chart , the previous candle closed above the previous 52 Period Exponential Moving Average.
This is a possible Indication that we are in an active up trend . This trend is supported by the fact that the price is above the previous day's Lowest Low 0.69357
. While we continue to see a sustained move above 0.69357 we expect a surge much Higher with an Ideal Target at 0.68995. At this point, Sell Positions looks ideal and can be recommended with an ideal take profit 0.68995