Trading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (0.72093).
if so, traders can set orders based on Price Action and expect to reach short-term targets."

Technical analysis:
. CADCHF is in a downtrend, and the continuation of the downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 33.

Take Profits:
TP1= @ 0.71859
TP2= @ 0.71687
TP3= @ 0.71479
TP4= @ 0.71284
TP5= @ 0.71020

SL: Break Above R2

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CADCADCHFChart PatternschfTechnical IndicatorsTrend Analysis

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