Monitoring CADCHF Upside Breakout
0.6922 is a key level I'm watching right now. CADCHF has been in a massive range since December 2022. Since then, price has failed to breach new lows. Our lower levels are moving higher and higher, which is a good indication that there is very little compelling selling pressure. As price testing the 0.6922 level, a strong breach above this level will be an excellent indication that further upside can be expected. I am closely monitoring this pair with an upside bias.
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