Based on the overall analysis, CADCHF shows a strong bearish momentum in the market; on the daily time frame, it seems that CAD is pushing to break MA 50, and on the 4-hour, we have a recent closure of a bearish engulfing crossing all the MAs. I believe this setup has a strong potential to drop to the first area of sensitivity, which is the previous 4-hour bottom; if broken, we can even move further down to re-test the previous daily bottom.