Round Up Time

Good Morning Dynamic Traders,

Hope you all had a great weekend and are fresh for another fun week on the markets.

As I have been following the CADCHF for some time now, I feel it’s time to move on and follow another currency.
I am going to round up by looking at the day chart, which you will see below. In the day chart you will notice that price has dropped from the RN. So far price has dropped to a Fib breather level, which means potentially price could just be having a breather and could climb further. However if prices dropped below the Fib breather level and we could have a reversal on our hands and if that is the case keep an eye on the VI, because it could act as support for price.













Tomorrow I will move on and we will start to follow another currency pair.

Happy Trading

Richard Monnery