SWISS FRANC / CANADIAN DOLLAR

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CADCHF – 4H Timeframe (H4) Technical & Fundamental Analysis

The Bank of Canada maintained its policy interest rate at 2.75% in April 2025, opting for caution amid global economic uncertainties.

Looking at the CADCHF 4-hour chart, The pair is exhibiting a potential shift in momentum after a prolonged selling phase. Price reached a significant low around 0.58400, where it formed a Triple Bottom pattern — a classic reversal signal. This technical structure was followed by a break above the minor resistance level at 0.59500, marking a clear Change of Character (CHOCH) that signals emerging bullish sentiment.

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Snapshot

CADCHF
just executed short...SCS @ .5974
💯 solid setup...watch this tank 💥
expecting min DD max RR... 📉