CADCHF: Complete Indecision & Your Plan
CADCHF is currently accumulating on a strong daily resistance.
The price is setting higher lows and equal highs.
From a current perspective I see two equally possible scenarios:
In case of a bullish breakout of the underlined yellow resistance cluster,
a bullish continuation will be expected to 0.752 - next strong resistance.
In case of a bearish breakout of a rising trend line ,
a strong bearish wave will most likely follow.
Next support will be 0.7425
For now, I am on a bullish side,
but we must wait for the reaction first before we act.