Charts: 4Hours, 1 Day.
Indicators: Fibonacci Retracements,EMA:3,5,13,21,50,100,200.
Current Level : 0.7984
CAD/CHF is in a bearish channel down for quite some time now. Recently there are some developements in the price action that should be taken notice of. The channel began narrowing transforming itself into a falling wedge, and like any other falling wedge when it ''squeze'' it's price action it produce as result a nice big breakout. Since we had a long term bearish trend the brek…
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