Running my usual moneyflow analysis i don't find any downside confirmation, long continuation looks good though unless OBV drops and holds below current support accumulation line. Price is climbing back up and could find support here so will be watching to enter long soon with good signal or breakout of the current wedge pattern.
If we can break resistance in...
Bullish crab setup short and long - I can see a slight change in structure on CADCHF after price holding higher than the downsloping channel so i'm expecting more up soon but we are hitting resistance, On the hour there is more buying pressure but momentum is weakening so i think we will have a corrective pullback before another rally to break the top.
Still watching USDCHF for some reversal - Buying pressure looks to have peaked and selling pressure is building up with high volume interest we could see a change in trend soon although it suggests to me another wave of buying first
