Despite the neediness of the CADCHF to the positive momentum in the last period, but it its positive stability above the support at 0.5780 supports the chances of activating the suggested bullish correctional attempts, to fluctuate near 0.5830.

 

By the above image, we notice stochastic attempt to provide positive momentum by its stability above 20 level, to increase the chances for targeting the positive stations by its rally towards 0.5910, surpassing it might succeed in renewing the pressure on the barrier at 0.6020 level.

 

The expected trading range for today is between 0.5800 and 0.5910

 

Trend forecast: Bullish