Mon, 06 Mar 2017 13:16:38 GMT
CAD/CHF 4H Chart: Channel Down
The Canadian Dollar is declining against the Swiss Franc simultaneously in three various scale descending channels. Although that fact indicates that one should short the rate, this is not the case. Most recently the currency exchange rate reached the 23.60% Fibonacci retracement level, which is located at 0.7539. The Fibonacci retracement levels on this pair have proven themselves to hinder