Canadian Dollar/Swiss Franc
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CADCHF rising wedge

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The price has formed a rising wedge. We expect the price to breakout below wedge and continue the bearish momentum. We are looking for a 38% of the Fibonacci retracement. After the price reached its target, move the s&l to the entry point.


Target: 0.7511
Entry: 0.7670
S&L: 0.7749

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