Orion-Markets

CADCHF approaches resistance

Short
FX:CADCHF   Canadian Dollar/Swiss Franc
CADCHF approaches a confluence of technical resistance in the form of daily downtrend, 4 hr horizontal level, 4hr bollinger and 61.8% Fib level. With RSI and Stochastic indicators displaying the pair is overbought, we are awaiting price action confirmation.

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