Since early of this year, CAD has been depreciated quite rapidly against CHF. This can be seen by the fact that 3 hude red candles for the past 3 days and it has broken down EMA(200) recently. Although it is now heading to demand zone ~0.755, I'm not interested to go long, because the bearish momentum is quite strong. Instead, I'm planning to wait for this pair to retrace until ~0.7618 which apparently a supply zone and enter short trade from there.