CADCHF currency pair recently reversed down from the resistance area located between the key resistance level 0.73000 (which has been reversing the price from the start of February), upper daily Bollinger Band and the 50% Fibonacci correction of the previous sharp downward impulse wave 1 from last October. Given the strength of the aforementioned resistance area, CADCHF currency pair can be expected to fall further toward the next support level 0.71850 (which has been reversing the price from the end of January).
