CADCHF Chart Technical Outlook moves lower within an AB=CD formation, and the measured move target is 0.6225.
The cross is moving lower within an AB=CD formation. We have a confluence zone between 0.6225 and 0.6215. I look for this to be the target area for bears. Intraday resistance is located at 0.6273. I can see no technical reason for a change of trend
