THIS PAIR IS STILL IN A BEARISH TREND AND LOWER HIGHS WILL OFFER SOME SELL OPPORTUNITIES. NOTE THAT WE HAVE THE BOC INTEREST RATE DECISION TODAY WHICH WILL PROBABLY MOVE THIS PAIR.

CADCHF H1

MARKET IS BEARISH, 55 ABOVE THE 21. RESISTANCE IS AT DPP WHICH COINCIDES WITH MPP. STOCHASTIC HEADING TOWARDS OVERBOUGHT. A BEAR WOULD LOOK AT THIS LOWER HIGH AND CONSIDER A SHORT POSITION.

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