11.12.2020
Analysis based on round-number levels, price channels and modified Elliot Waves
The overall trend is downward. A start fractal has formed below the 135 (EMA) moving average. Breaking through the start fractal will result in the formation of a 1-2-3 descending pattern. Awesome Oscillator shows a bearish divergence.
CADCHF rate online: monitor the price movement in real time.
Trading recommendations:
Sell at a breakout of 0.6947.
Stop Loss: 0.6984.
Target levels: 0.6900; 0.6880.
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