Tools used:

chart indicator- Bollinger (20,2,2);


fibonacci levels; &

vertical line (forecast date).

Thereafter, I draw with polyline such that the price moves like "elliot" wave movement & then remove the shapes.

From weekly (top) chart, price may rebound downwards from centerline.

From daily (bottom) chart, price currently making its moves within the descending wedge.

I'm anticipating further weakness of CAD to pull the pair downwards.

My expected target on 1st October for CAD/CHF: 0.7225.
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