CADCHF,when you see a price rallying toward a certain price point, which is opposite to the trend which is bearish, we call it retracement since the price is trying to fill or revisit to its unfinished business, and this is what is happening
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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.