vj20_fx
Short

Strong Resistance Level has been hit

OANDA:CADCHF   CAD/CHF
This pair has now reached a very key level for this pair. The 0.78000 level has also been a major swing point for this pair and now for the past 2 years. We have now reached a point where CAD is weakening causing this pair to push down. This is due to the oil supply and demand not correlating around the world. I am now waiting for a candlestick to close below the key 0.76300 level showing that it has passed the last higher high therefore breaking the trend.

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