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Hello, Friends!

The BB upper band is nearby so CAD/CHF is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 0.627.

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I am confident in this trade so I will keep it open!
Bearish PatternsCADCHFChart PatternsforecastForexSELLshorttecnhicalanalysistradingTrend AnalysisWave Analysis

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