CAD/CHF Short-Term Reversal Alert

🚨 CAD/CHF Short-Term Reversal Alert! 🚨

🔍 Resistance Holding Strong
The pair is struggling to break through the 0.6370-0.6382 resistance zone, where sellers have previously dominated.

📉 Rejection Signals Weakness
Price action is showing signs of rejection near key resistance, increasing the probability of a short-term pullback.

📊 Bearish Setup Factors:
✅ Multiple rejections at resistance
✅ Potential double-top formation
✅ Overbought near resistance zone

🎯 Key Downside Targets:
🔹 0.6297 (SMA-44 Support)
🔹 0.6192 (Major Support Zone)

💡 Trading Plan:
🔻 Watch for bearish confirmation below 0.6340
🔻 Target 0.6297 and 0.6192 for potential downside moves
🔻 Invalidation above 0.6385

⚠ Stay Sharp! Volatility Ahead!