Thoughts on $CADCHF and potential resistance

Been watching $CADCHF for a bit and it's certainly had an interesting week. We're seeing it push up against what looks like a fairly solid resistance area around the 0.58240-0.58250 region, right at the top of its daily range today. It's not a new level; there's some historical price action rejection there on the daily and even the weekly chart stretching back a few weeks. If it can clear that, the path upward might become a little clearer, possibly toward 0.585.

The risk, for me, is a failure to close above this resistance, especially if we see any signs of exhaustion on volume. A sustained move back below 0.58150 would invalidate the immediate upside scenario I'm looking at, suggesting it might drift back towards the 0.58000 support. The current price of $CADCHF at 0.58209 is sitting right in the thick of it, making the next few hours interesting to observe.