mngFX

CADCHF, Where are we going?

OANDA:CADCHF   CAD/CHF
Price has on the downfall for quite some time which shows sellers were in control. Looking at the current price action, we can see there is much more room for further downside, however buyers are getting active and we might see price breakout of the correction and head north to regain some ground.

Best to wait for confirmation and find an entry that suits your trading plan.

Thanks
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