Canadian Dollar/Swiss Franc
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CADCHF Basing Out for Yet Another Rally

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The current sell-off should not be construed as trend reversal but an extended retracement.

This was bound to happen to correct some of the strong bullish gains.

The pair has encountered a strong area of demand which could be expected to send the pair yet again to the moon.

Effectively, the retracement is over and buyers may enter the market once again.

Trade well and take care.

註釋
Entry did not happen.

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