The price has bounced off key support at around 1.193 a number of times and may be breaking towards the 1.21 level which the higher-high trend would suggest. 200EMA has this trending upwards which is another positive sign.
Possible short breakout opportunity on CAD/CHF.
I believe this is at the end of a Bearish ABCD pattern and the Profit Accumulator indicator is showing a possible short breakout. Trend indicators are supporting that move.
SL - 0.69330
TP1 - 0.68888
TP2 - 0.68768