CADCNH has completed the broadening top pattern and the price is now in consolidation. I expect CAD to continue gaining strength against CNH and to reach the broadening top's objective, which lies near 5.
We can short the pair once the price breaks below the small consolidation trendline.
This is a top-down analysis on CADCNH. In the following week, we may see some bearish moves to . And after that, we will see if the bearish move will continue.