CADCHF Signals a Downward Correction To 0.5670

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CADCHF Signals a Downward Correction To 0.5670

CADCHF is trading within a rising wedge formation on the 1H chart — typically a bearish continuation pattern.

Price is showing early signs of exhaustion near the top, suggesting a possible pullback.

The price already broke down from the bearish pattern, indicating an increase in the bearish momentum.

Quick targets are seen at 0.5722 and 0.5705, with a deeper extension toward 0.5670 if bearish momentum continues.

You may find more details in the chart!
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4 thg 11

Ghi chú

CADCHF -> If it doesn't move in the next 4 hours, close it.

5 thg 11

Ghi chú