1 Hour Chart
As of the 10th of August, 2pm GMT, OANDA:CADCHF hasn't been able to reach August 7th's peak. Although the bullish push was strong, it appears to be heading down again continuing the bearish pattern.
EMAs are all now switching direction after they've been bearish about 75% of this month, it is to be expected.
EMA 8 16 24 50📈Bull
Keep an eye on this currency pair, I've got a SL at 0.6865, with a TP of 0.655
Trading foreign currencies can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose. This is only analysis and is to be used with discretion when it comes to expecting any profit during trading