Looking into a drop in price of CADCHF to retest the daily demand zone. Upon retest of daily demand zone i will look into the retest of the 1 hour time frame demand zone before looking for a long position. The long position aims to force liquidate traders having their stop orders around the weekly supply zone.
EURGBP has retested a daily supply zone, hence price is heading to downside. Euro has been loosing value for a while now hence bears on EURGBP have an edge over the market. I would look for a reentry upon the retest of the 1h (1 hour) time frame supply zone and hold the trade until it drops to the daily demand zone. Happy trading