Technical analysis of Canadian Dollar vs. Swiss Franc forex

The pair is currently trading at 0.7615 levels from the resistance zone at 0.7680

Which, by the way, is the 61 Fibo correction area on the previous major wave, so we remain with the selling trend

For the general trend and expect a continuation of the decline but there is a trend line either price at the current stage as shown

On the picture so that we make sure that the price drop will of course break this trendline and re-test it to avoid

For the false break. For targets we can work on the first target at 0.7450 levels either in case

Continuation of the decline we can stay in the drop with a second goal to close it manually by re-testing the trend

This is the time.

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