CADCHF: Complete Indecision & Your Plan 🇨🇦🇨🇭

٦ يوليو ٢٠٢١

CADCHF is currently accumulating on a strong daily resistance.
The price is setting higher lows and equal highs.

From a current perspective I see two equally possible scenarios:

• Bullish
  In case of a bullish breakout of the underlined yellow resistance cluster,
  a bullish continuation will be expected to 0.752 - next strong resistance.
  
  
• Bearish
  In case of a bearish breakout of a rising trend line,
  a strong bearish wave will most likely follow.
  Next support will be 0.7425
  

For now, I am on a bullish side,
but we must wait for the reaction first before we act.

❤️Please, support this idea with a like and comment!❤️