VasilyTrader

CADCHF: Overbought Market & Retracement 🇨🇦🇨🇭

Short
OANDA:CADCHF   CAD/CHF

CADCHF may retrace from a key horizontal resistance.

The market looks quite overbought on a daily, and as a proof of that,
I have spotted a confirmed breakout of a support line of a rising wedge pattern on an hourly time frame.

The market may drop at least to 0.6805

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