. There is a possibility of temporary retracement to suggested support line (0.7315). if so, traders can set orders based on Price Action and expect to reach short-term targets.
. CADCHF is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance....
The exchange rate apparently performs wave movement on the MA (100,200) axes. These waves consist of ATR proportional fractal sequences. In the event that this movement persists, you may want to take a short position with a target price of 0.7431.