CADCHF - Potential Sell From Key Resistance Zone

evvelsi gün

The CADCHF pair is approaching a significant supply zone, marked by historical price rejections and strong resistance levels. The current market structure suggests the potential for a reversal at this level if sellers regain control.

I anticipate that if the price confirms a rejection from this supply zone, the market may move downward toward the 0.63128 level. This setup aligns with the idea of trend exhaustion near resistance.

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