02.11.2020
The currency pair is trading in the range of the upper limit of the descending price channel. The ascending H2 level pattern is truncated. Awesome Oscillator indicates a bearish divergence, while Stochastic Oscillator signals an overbought condition. A breakout of 0.6859 will result in the formation of a descending wave pattern within the descending price channel.
CADCHF rate online: monitor the price movement in real time.
Trading recommendations:
Sell at a breakout of 0.6859.
Stop Loss: 0.6890.
Target levels: 0.6828; 0.6800.
If the maximum is retested or 0.6890 is brokenю, cancel the trading plan.
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