CADCHF Wave Analysis

CADCHF currency pair recently reversed down from the resistance level 0.6320 (former strong support which stopped the weekly downtrend at the end of 2023).

Sentiment is: Negative

Technical Analysis

CAD/CHF is approaching a resistance line at 0.6317. If it hits the resistance line, it may break through this level to continue the bullish trend, or it may turn around back to current levels.

Either a rebound or a breakout imminent on CAD/CHF

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