Hello Traders,
We are a few hours away from midweek, let’s hit our charts and see what Wednesday got for us:
1. USD/CHF
Price on the USD/CHF has reached a critical resistance level (0.98700)
If a reversal occurs at this point, we could see price retreat back to support level 0.97183 and if a breakout occurs, resistance level 1.00113 could be hit by price.
2. CAD/JPY
CAD/JPY could be warming up for another bearish move.
Resistance level 82.861 has proven itself to be a stubborn level for price to break.
If the daily candlestick closes this way, there is every likelihood that the bears could take price below 81.118.
Do have a pip-full week ahead
