This is a great opportunity for a very long-term LONG position. The pair has been in a strong downtrend since 2008. From Feb 2016 it has shown strong bullish action focusing on the candlesticks. I believe it could hit the weekly resistance and bounce off to now begin either a uptrend or consolidation.
breakthroughCADCHFForexfxSupport and ResistanceTrend Lines

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