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LiamMizzi

CADCHF: Price bouncing through channel 130+ Pips

Short
Canadian Dollar/Swiss Franc (FX:CADCHF)  
LiamMizzi  
FX:CADCHF   Canadian Dollar/Swiss Franc
Trend Analysis
7
0
trendanalysis
CADCHF is currently in a channel and is near resistance. While it broke resistance recently, it rejected the 200 SMMA and showed a strong push to the downside back into the channel. I expect price to be reversed at resistance and head back to support.

Please do not take this as professional advice. Trade this idea at your own risk :)

Good luck if you decide to trade this idea
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