CADCHF Short on Daily - Rising Wedge on Fifth Wave
The CADCHF has formed a five wave pattern, with some equally nice sub waves. The fifth wave is a diagonal - which may be completing. In any case as things are there is a short below 0.8470, with a target at 0.8280 and a stop at 0.8640. If the wave isn't complete yet price should not drop below 0.8470.