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CADCHF Back into 0.7440

A very simple set up in the market, we have seen price break a descending TL to create a new high, our previous lower high swings have been highlighted with the yellow circles and as we can see, once price broke the trend line, we went on to form a new high before coming to retest the trend line again!

in confluence with the trend line break and retest, we also see price slowing down and having a hard time breaking the 78.60% FIB level which can now be the identification of our higher low structure ready for price to either return to 0.7440 which is my first target OR go beyond to form a new high structure!

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