CADCHF has pulled back to 4hr horizontal resistance and a re-test of the broken uptrend. 61.8% Fib acts as further resistance. The pair has begun to post lower lows and a lower high and therefore bullish momentum appears to be diminishing. RSI and stochastic suggest an overbought market.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.