CAD/CHF IS A PAIR TO WATCH TODAY
The CAD/CHF pair reached an important resistance level on the daily chart. A horizontal resistance zone aligns with the upper resistance of a falling channel. Also, notice the bearish RSI divergence, signaling a potential fake breakout and reversal.
- Horizontal resistance zone
- Falling channel resistance
- Bearish pinbar
- Bearish RSI divergence
- Fake breakouts
Find our analysis useful? Please hit the "LIKE" button to support our work. Thanks!
- Horizontal resistance zone
- Falling channel resistance
- Bearish pinbar
- Bearish RSI divergence
- Fake breakouts
Find our analysis useful? Please hit the "LIKE" button to support our work. Thanks!
Related publications
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.