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CADCHF: Overbought Market & Pullback (forecast)



🔻CADCHF is trading within a rising parallel channel on 4H.


Yesterday its resistance was reached and the price was heavily rejected.

At night the price has set a lower high and this morning broke and closed below minor support on hourly.


Taking into consideration that the price is overbought, bearish move is expected.


Goals: 0.7005/0.699

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