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CADCHF: descending channel

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Canadian Dollar/Swiss Franc (FX:CADCHF)  
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FX:CADCHF   Canadian Dollar/Swiss Franc
Support and Resistance Trend Lines Parallel Channel Forex cadchfshort tradingstrategies tradingsetup shortsetup forexnews tradingtips
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supportandresistance trendline parallelchannel forex cadchfshort tradingstrategies tradingsetup shortsetup forexnews tradingtips
The CAD/CHF is moving within a descending channel. Currently, a strong support is holding the price, and if it breaks, a significant decline is expected. However, there's a possibility it might return to the top of the channel before that. Nevertheless, if it were to break out of the channel to the upside, I anticipate a larger correction.

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