GBP/CAD – quotations on a H4 chart show that the system of recent extremes is characteristic for a downward trend. In the short term, you can expect it to be continued. The price is currently testing the trend line and the local resistance which is the previous high. It seems that in this area, the supply may again occur.
USD/CHF – on the H4 chart there were strong drops yesterday that tested the level of the previous low. Correction at night was very weak, and today from the early morning the price starts to fall again. A quick return to yesterday’s low suggests that support can be broken. If this happens, consider the PUT option.
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