CADCHF SHORT OPPORTUNITY

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The risk here is that the CAD has been showing some strength across the board, however there is a solid break of the ascending channel which appears to be a complex pullback after an important rejection of a key area from HTFs.

Price is likely to create a new low before doing anything else, however before doing that, we could see price to capture some liquidity by breaking current intraday equal highs. Will see how it develops

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