Category: Forex News, News
The CADCHF awaits the negative momentum– Forecast today – 12-5-2025
Despite the last weak trading of the EURJPY pair, it success to settle above the breached barrier at 193.35 level represents a main factor for confirming the domination of the bullish track, to fluctuate near 193.85, attempting to ease the way towards more of the bullish waves.
Stochastic approach from 80 level will increase the chances of gathering the positive momentum, to keep waiting for recording the target near 164.20, then repeats the attempts of pressing on the resistance near 164.90, to form the next target of the near trading.
The expected trading range for today is between 163.30 and 164.90
Trend forecast: Bullish
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Written by : Editorial team of BIPNs
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