CADCHF: Very Bearish Setup 🇨🇦🇨🇭
CADCHF is trading in a horizontal trading range for 2 weeks.
Approaching its resistance, the price formed a double top formation.
The price broke and closed below its neckline this morning.
The price started to fall sharply after a retest.
I expect a bearish continuation to 0.74 level now.
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