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Simple_FX_

CADCHF: Break lower - wait for the retests

Short
Canadian Dollar/Swiss Franc (FX:CADCHF)  
Simple_FX_  
FX:CADCHF   Canadian Dollar/Swiss Franc
Trend Analysis Chart Patterns CAD chf short Bearish Patterns
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trendanalysis chartpattern cad chf short bearish
Good Morning,

A very bearish morning for CAD/CHF as price has fallen from the descending trendline and seems to have broken the key level of support, I will be waiting for a retest of the support now turned resistance before looking for a short entry.

My view of what could happen is laid out on the chart as simply as possible.

Let me know what you think!
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