Price is slowing down as it is now situated in the support zone.
I am looking for a upmove. Unless 0.747 level is broken, bulls will have the chance to attack back
Key support - 0.747
Key Resistance - 0.757
CAD/CHF has a near perfect trendline break and back test on the 3 hour chart. Weakness that started in the middle of the week should carry over to next week. Short with a stop above the previous swing high, around 0.7620. Target between .73 and .74.
After a series of narrow range days at prior resistance, CAD/CHF broke down on Friday. Stochastics also coming down from overbought levels. Shorting here with a stop above the previous resistance (blue horizontal line) presents a good R/R trade.