The CAD/CHF chart shows that this pair is trending down on the D1 time frame. Below the current support level at 0.7690, shown by the red line, it has a lot of pip potential. You can set a price alert here. When the alert hits, look for a sell signal below there on The Forex HeatmapĀ®. There is about 300 pips of potential to the next support area on this pair. Most of the market pairs are indicating a strong Swiss Franc (CHF), which supports our analysis. The charts you see below are moving averages set up on a meta trader platform, then analyzed across multiple time frames.
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