CADCHF: long setup from daily resistance at 0.57181CAD/CHFOANDA:CADCHFThe_Traders_HouseCADCHF is consolidating below a clearly defined resistance level, beyond which there are no immediate hurdles that would prevent the asset from easily covering a 3, 4, or 5 to 1 distance. Yesterday, after some growth, the asset went down a bit, but towards the close, we approached the level again, which shows buyer strength. I expect the accumulation below the level to continue for a few more hours before the breakout happens. Also, volatility should drop before the breakout.