Update on the CADCHF analysis

In a higher-cycle downtrend, as I’m writing this update, the price has managed to make a slight push above the top of the range. We now need to see whether it can break the channel top with a strong confirming candle, or if this is going to turn into a fake breakout.

We were waiting for a sell trigger on this pair since the higher-cycle trend is strongly bearish. In any case, the week is over, and we’ll review everything again next week and mark the new entry triggers.