CADCHF was in a down trend the past months which it was very bearish. Using the top down analysis we can see that CADCHF has broke our bearish trend and looking for an uptrend.
In the 1hr time frame we can clearly see that it formed a flag pattern which is a good sign of continuation pattern to the upside and CADCHF has broken out our trendlines in the flag and made a retest which is a time to enter trades on it until the o.67199 zone.
In the 1hr time frame we can clearly see that it formed a flag pattern which is a good sign of continuation pattern to the upside and CADCHF has broken out our trendlines in the flag and made a retest which is a time to enter trades on it until the o.67199 zone.