CADCHF: Rejection at 50%

2019-11-11 01:18:49

CADCHF found resistance at 50% retracement of the last bearish leg. However. the pair is still holding above the previous swing low of 0.7490. A break and close below would also be the break below the H&S Neckline giving us a nice opportunity to short until 0.7355 levels.