On the CADCHF hourly chart we can see that a strong bearish trend is happening as the Blade oscillator is now at the 0.0015 area below the level of balance and also the indicator is colored in red that is a strong indication of bearish direction on the short term.
Another buy signal is shown on the moving average indicator as it is heading downward to let me think that the last top performed at 0.8492 could be a good place to set any sell position's stop loss level at .
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