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CADCHF A Bearish Switchback?

Short
FX:CADCHF   Canadian Dollar/Swiss Franc
1
If the current switchback resistance holds, price bounces off the up fork and breaks down the grey trend line, then another leg down may develop. We'll see.

Currently the CAD is at its strongest relative to the recent past performace, whereas the CHF is in a strengthening trend, currently making a dip, but possibly soon going to recover and strengthen even more.

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