FX:CADCHF   Canadian Dollar/Swiss Franc
Price has been trading within the given ascending parallel channel since December 2023 . Price is currently near the upper limit of the channel . Just recently price tested the upper limit of the channel and got pushed down . Price’s attempt to go up again suggests either a retest of the upper limit or a general strong upward momentum . Considering the price action , the latter seems more probable . I’ll wait for a clear break of the upper limit of the channel to take a long position with next possible Target being the resistance 0.67145 !!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.