CAD/CHF currency pair analysis

The currency pair is trading below the Ichimoku cloud, indicating a downtrend. The ascending wave structures are truncated. The inclined channel of the internal truncated structure has been broken. The Awesome Oscillator indicator has a bearish divergence, and the Stochastic Oscillator indicator signals overbought.

Trading idea:

Sell on a breakout of 0.7430.

Stop-loss: 0.7484.

Target levels: 0.7380; 0.7320.