CADCHF – Sell the rebound while price stays below resistanceCanadian Dollar/Swiss FrancFX:CADCHFfxliquiditylabAnalysis: 💡CADCHF remains under pressure on the daily timeframe, still trading below the long-term descending trendline and showing no clear sign of a bullish structural reversal yet. 📊The rebound from the 0.5600–0.5610 area showed buying interest at the base, with notable volume appearing at lower prices. That suggests institutional participation in that region, but it did not confirm a real trend reversal. ♦ After that rebound, price lost quality in the middle of the structure and started to show reduced continuation strength. Because of that, the current read is not for aggressive buying, but rather for possible partial distribution after the defense of the base. 🌐On the macro side, falling oil removes support from the CAD, while the temporary improvement in risk sentiment reduces part of the defensive demand for the CHF. Even with that partial balance, the chart still favors selling rallies more than buying at the current price. 📌My operational view is straightforward: the edge is on the short side, but it still needs a trigger. 🟢Preferred short zone: 0.5738–0.5758 🔴Invalidation: above 0.5778 🟢Projected targets: 0.5698 0.5658 0.5605–0.5610 👉If there is no rebound, then a clean break below 0.5715 with bearish acceptance could also open room for continuation lower, although with weaker risk-to-reward than the main setup. 👉A long setup would only start to gain quality if price breaks and sustains above 0.5760–0.5770 with real strength. 💡Summary: the base was defended, but the rebound has not been convincing. As long as price remains below resistance and below the major descending trendline, CADCHF still looks more like a tactical short candidate than a structural long. ⚠️This content is for educational and informational purposes only. It is not financial advice. Manage your risk with discipline. If this analysis added value: 👍like the post 💬comment your bias ⭐and follow for more liquidity, structure, and price action studies. FX Liquidity Lab Understand liquidity. Anticipate the move.