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CADCNH to Continue Lower?

Short
CAD/CNH (CURRENCYCOM:CADCNH)  
djukic.nebojsa  
CURRENCYCOM:CADCNH   CAD/CNH
Chart Patterns CAD CNH Broadening Wedge broadening-top Forex
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chartpattern cad cnh broadeningwedge broadening-top forex
CADCNH has completed the broadening top pattern and the price is now in consolidation. I expect CAD to continue gaining strength against CNH and to reach the broadening top's objective, which lies near 5.

We can short the pair once the price breaks below the small consolidation trendline.


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