The CAD/CHF pair appears to be in a downtrend, forming a descending channel. It has recently broken through the support level at 0.6245, indicating further bearish momentum. The potential downside targets are:
First Take Profit (TP1): 0.6160
Second Take Profit (TP2): 0.6100
The price could continue to drop towards these levels.
First Take Profit (TP1): 0.6160
Second Take Profit (TP2): 0.6100
The price could continue to drop towards these levels.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.