CADCHF recently reversed down with the second consecutive daily Japanese candlesticks reversal pattern Shooting Star from the resistance area lying between the key resistance level 0.74700 (which stopped the pervious impulse wave (iii)), upper daily Bollinger Band and the resistance trendline of the daily up channel from February. The downward reversal from this resistance area started the active minor corrective wave (iv). Having recently broken the support level 0.74000 (former resistance from the start of March) – CADCHF currency pair can be expected to fall further toward the next support level 0.7330 (target price for the completion of the active correction (iv), intersecting with the daily up channel from February).