CADCHF is on an overall downtrend on the daily timeframe, currently trading in a range formation. RSI is strongly overbought and currently has a divergence with the previous bounce off the top of the range. Looking to short the top of this range with stop loss over 0.635, a strong resistance zone.
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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.