CADCHF currency recently reversed up from the support area lying between the key support level 0.71400 (which has been reversing the price sharply from March) and the lower daily Bollinger Band. The upward reversal from the support level 0.71400 stopped the previous short-term downward impulse wave C. Given the strength of the aforementioned support level 0.71400, oversold daily Stochastic and the rising bullish sentiment affecting the Canadian dollar today, CADCHF currency pair can be expected to rise further toward the next resistance level 0.72500.