| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Sell | Sell | Sell |
| RSI (14) | Neutral | Neutral | Neutral |
| Stochastic (5; 3) | Sell | Sell | Sell |
| Alligator (13; 8; 5) | Sell | Sell | Sell |
| SAR (0.02; 0.2) | Buy | Sell | Sell |
| Aggregate | ⇘ | ⇓ | ⇓ |
The Canadian Dollar is trading against the Swiss Franc in the recently formed descending channel. Formation of the channel began after the currency exchange rate broke through the neckline of the preceding double top pattern. For the moment, the pair is fluctuating near the upper trend line of the channel, facing no notable barriers until the combined resistance consisting from the weekly PP at 0.7183 and 38.2% Fibonacci retracement level of the 2016 high and low levels at the 0.7191 mark. However, even if the rate will slightly cross the boundary of the formation, it is still most likely going to continue to fall until the support level put up by the weekly and monthly S1 at 0.7086 and 0.7085, where a rebound is likely to occur.