. There is still a possibility of temporary retracement to suggested resistance line (0.7027). if so, traders can set orders based on Price Action and expect to reach short-term targets.
. CADCHF is in a range bound and the beginning of downtrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The is at 17.
TP1= @ 0.6890
TP2= @ 0.6800
TP3= @ 0.6740
TP4= @ 0.6604
SL: Break Above R2
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