M_Shariq

CAD/CHF SEEMS TO BE IN TRICKY SITUATION !!

Short
FOREXCOM:CADCHF   Canadian Dollar / Swiss Franc
It seems that this Pair has two possibilities, It can either continue the Bearish Trend and fall to 0.70933 - 0.70425 (70% Chance)
Or It can created Double Bottom and reverse the trend in Bulls' Favor (30% Chance)
Wait and See is Recommended.

If the Price breaks 0.71700 then SHORT AROUND 0.71600 with the Target of 0.70933 - 0.70430
With Stop Loss of 0.72100.

Note: Please do your own research before any trade action.