Canadian Dollar vs. Swiss Franc
Long

CAD/CHF - 29/09/2020

69
Good morning traders, hope you are all having a fantastic week.

Just a quick update, I have taken NZD/CAD off my watchlist and added this new pair.

Price is continuing its bearish momentum creating lower lows and lower highs and we have just come off the back of a double top. However, I am starting to lean more towards a bullish perspective for multiple reasons.
- Price consolidated heavy and failed to break lower before making this double top.
- Price began to form mini bullish structures (higher highs & higher lows).
- Support is currently holding on a valid retest zone for a potential reversal.

As long as we hold this retest zone I will be looking for buys on the hourly timeframe.

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