CADCHF BEARISH

Price rejected buying multiple times off the resistance 0.69503 and sold and is creating a downtrend. Price on the H1 and H4 have gone below the yellow moving average indicated the first entry for a sell. Price will then head to the 50 moving average and the white moving average. Price will head to support 0.68847 for a potential of 30-50 pips and a full 60 pip move if it goes to the next support 0.68635.