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Orion-Markets
Oct 15, 2019 8:29 AM

CADCHF to bounce off of 12 month trendline  Short

Canadian Dollar/Swiss FrancFXCM

Description

CADCHF is trading at the upper boundary of its yearly range once again and has displayed RSI divergence. The chart posting higher highs and RSI lower highs showing a loss in momentum. The pair has now posted a double top, we are now expecting a bearish continuation.
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