Trade Update : CADCHF

 

 

 

 

 

 

 

 

 

 

 

 

Following a free fall to the downside the pair CADCHF has been slowly retracing back up to the 0.75500 zone.  This area has played a key role in the recent past for this Forex pair. If you look to the left you will see that this zone has acted as both Support and Resistance over the last 12 months.  Furthering my Short bias  is the fact that 0.7550 areas also coincides with 61.8 Fibonacci Retracement.

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