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Technical analysis of the CADCHF currency pair

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Canadian Dollar/Swiss Franc (FX:CADCHF)  
PCMBrokers  
FX:CADCHF   Canadian Dollar/Swiss Franc
Trend Analysis Support and Resistance Supply and Demand cadchfshort CADCHF shortposition Technical Analysis forexsignals
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trendanalysis supportandresistance supplyanddemand cadchfshort cadchf shortposition technicalanalysis forexsignals
The price has once again hit the ceiling of the red and black descending channel. At the same time, we see the price hitting the 200-day moving average and the supply range of 0.6700. In general, we see a very strong resistance range, which can result in a price drop.
Note that if the price breaks this range upwards, a very strong buy signal will be issued. Otherwise, we should see a price correction.
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