CADCHF: Break lower - wait for the retests

Good Morning,

A very bearish morning for CAD/CHF as price has fallen from the descending trendline and seems to have broken the key level of support, I will be waiting for a retest of the support now turned resistance before looking for a short entry.

My view of what could happen is laid out on the chart as simply as possible.

Let me know what you think!
Bearish PatternsCADChart PatternschfshortTrend Analysis

Disclaimer