EliteTradingSignals

CAD/CHF BEARISH BIAS RIGHT NOW| SHORT

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FX:CADCHF   Canadian Dollar/Swiss Franc
Hello,Friends!

CAD/CHF pair is in the uptrend because previous week’s candle is green, while the price is evidently rising on the 3H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 0.662 because the pair overbought due to its proximity to the upper BB band and a bearish correction is likely.

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We are seeing a good move already so we will keep the trade running!

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