CADCHF: Bearish Move Confirmed?! 🇨🇦🇨🇭

8月29日

CADCHF broke and closed below a support line of a quite an extended
horizontal trading range on a 4H.

Taking into consideration that the sentiment was strongly bearish
before the formation of the range, we may assume that selling
volumes were accumulating within.

A breakout may signify a bearish trend continuation here.
Goals - 0.623 / 0.621

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