CADCHF - Weekly - What's next?

19 בספט׳ 2019

On the weekly chart, price is stuck inside a channel. No direction in the price action and multiple crossing of the EMAs (8 crosses) mean indecision! On the RSI, static resistance @56. Its breakout with volumes may mean LONG!
Wait for confirmation. possible future scenario: breakout of the channel and retest; wait for it to entry!