CADCHF: Channel Down on 4H.
CADCHF is trading within a Channel Down on the 4H chart (RSI = 41.228, MACD = 0.000, ADX = 32.417) after a strong rejection on its last Lower High on the MA200. The RSI is approaching the Support Zone so we expect a rebound soon. Our short-term target is 0.69500.
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