Market Outlook and Analysis (Sept2019 Week1)

Currency Pair: CADCHF

Technical Analysis – CADCHF

CADCHF D1 Chart: Potentially at a Minor Resistance  

The pair broke out of the consolidation towards the upside. It could have potentially hit a minor resistance towards the close of the trading week.

CADCHF H4 Chart: Bearish Bat & Bullish Shark appears

Currently in no-man’s land, hence will only take a trade at the potential completion of either the Bearish Bat or the Bullish Shark. Patience is the name of the game for this pair.