SELL TREND start soon in CADCHF market, (for more read captions)

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📉 CADCHF Price Forecast 📉

The CADCHF market is currently in an uptrend but has now formed a strong resistance zone. Bearish signals and a reversal pattern have been confirmed, indicating a potential breakdown of the support level and the ascending channel.

After the breakdown, the price may fall into the demand zone. If a retracement back to the broken channel occurs, it could provide another selling opportunity before continuing to the next technical targets.

🎯 Technical Target Levels:
- 0.6280
- 0.6240
- 0.6210

📌 Key Highlights:
- Strong resistance zone with bearish signs.
- Reversal pattern confirmed, signaling potential downside.
- Watch for retracement opportunities after a breakdown.
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