Hope you all are enjoying me ideas and analysis. Now i am here to discuss about CADCHF
CAD/CHF has breaked the main Support level . Now it has Maximum chances that it can touch Price level 0.74955
Trade Idea: - Watch for bearish price action at the 38 fibonacci level and take CAD/CHF down. - Stoploss above the rejected price - For take profit, once price moves down, use a descending trendline to manage your trade and exit when price breaks that.
After that it will follow again downtrend. Keep in touch we will update further soon.
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