CAD/CHF has a strong bearish momentum, could it fall further?Price is rising into a resistance level which is an overlap resistance that aligns with the 61.8% Fibonacci retracement. A reversal from this level could lead to a price drop to our take profit.
Entry: 0.66482
Why we like it:
There is an overlap resistance level which aligns with the 61.8% Fibonacci retracement.
Stop loss: 0.6676
Why we like it:
There is a pullback resistance level
Take profit: 0.65881
Why we like it:
There is a pullback support level
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