CADCHF is stuck within a local horizontal trading range on 8H.
I am waiting for its bearish breakout to short the pair and catch the next swing move to the downside.
Next support - 0.7275
Remember, that while the price is within the range,
its future direction is uncertain.
In case of a bullish breakout of the range, a bullish move will be expected.
The next resistance will be 0.747
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✅Join My Telegram Channel: t.me/VasilyTrading
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Related publications
Disclaimer
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.