CADCHF under bullish pressure after the earlier upward reversal from the support area lying between the keysupport level 0.74400 (which has been reversing the pair from the middle of September), lower daily Bollinger Band and the 50% Fibonacci correction level of the previous upward impulse wave (1) from August.  Given the strength of the aforementioned support area and the moderate Australian Dollar bullish sentiment seen across the markets today – CADCHF is likely to rise toward the next resistance level 0.74800. Powerful support remains at the support level 0.74400.