CADCHF : SNB Intervention Could Start The Bullish Movement

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CADCHF : SNB Intervention Could Start The Bullish MovementCAD/CHFOANDA:CADCHFKlejdiCuniCADCHF : SNB Intervention Could Start The Bullish Movement CADCHF is showing a strong reaction from a major demand zone around 0.5610, where price has been rejected multiple times. This confirms buyers are stepping in and defending this level aggressively. We are now seeing a shift in structure, with higher lows forming and price pushing into a minor resistance zone. A breakout from here could open the path for a continuation move to the upside. 🎯 Upside Targets: 0.5845 0.5887 0.6005 The Swiss National Bank (SNB) has clearly signaled an increased willingness to intervene in the FX market to weaken the Swiss franc, especially as safe-haven flows continue to push CHF higher during global tensions. () CHF strength is becoming a problem for Switzerland’s economy You may find more details in the chart. Thank you and good luck! 🍀 ❤️ If this analysis helps your trading day, please support it with a like or comment ❤️