CADCHF is in downtrend after breaking up-channel pattern Strong bearish wave (a) ended at level 0.6860 then corrective bullish wave (b) rejected with strong bearish movement at level 0.6948 Price is based below resistance level at 0.6918 Based below HVN at level 0.6905 which indicates that pair is in distribution phase Below SMA 100 MACD shows bearish momentum RSI is below level 50 It's expected forming bearish wave (c) to target support level at 0.6815
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