Unexpectedly, CADCHF continues struggling around 0.7210 and upside remains capped at 0.7225. On the hourly chart, the cross is still trading above SMA 35/90; technical indicators suggest bias is neutral at this time. Although further directon is not clear, CADCHF could suffer and be headed down towards 0.7150 as long as it stays below 0.7225.


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