Correlation Analysis: USDCAD + USDCHF = CADCHF
CADCHF is moving in a downtrend forming lower highs, lower lows in 1-hour timeframe chart.
Now, CADCHF starts to fall from a lower high of the downtrend line.
In another side, USDCAD reached the Lower Low in 4-Hour timeframe Chart.
USDCHF reached the Support Level in 1-hour timeframe chart.
Both USDCAD and USDCHF are correlated together in CADCHF currency pair.
Technically CADCHF standing now at the lower high of Downtrend.
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