CAD/CHF
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CAD/CHF 1D // 04 July 2024 Analysis

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CAD/CHF has been in a downtrend for quite a while now.

We can see that the price is approaching the trendline again, with an area of support/resistance marked.

If the price resects the trendline and shows us a good rejection from the trendline as well as the area, we can look for sells.

A good first target can be the area around 0.65510 price.

I will be sharing another idea for the same by zooming into the current price and support/resistance area as this map is quite zoomed out.
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A good rejection from the marked zone as well as the trendline.

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