CAD/CHF:
Our expectations: The price has reached levels of resistance that can't break for the 5th consecutive day, which suggesting that we can look for short positions.
Alternative scenario: If the price goes above the horizontal resistance, and breakthrough that could lead a new upward impulse
Comment: Price below diagonal and horizontal resistance
50 / 200MA: 50 has crossed 200 from top to bottom
Price action: pin bar - negative signal
CCIs (50) rotate from overbought market area - a likely downgrade
SL: 0.76455
Trader I. Ivanov
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