| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Buy | Buy | Buy |
| RSI(14) | Sell | Sell | Neutral |
| Stochastic(5;3;3) | Sell | Sell | Sell |
| Alligator(13;8;5) | Buy | Buy | Buy |
| SAR(0.02;0.2) | Buy | Buy | Buy |
| Aggregate | ⇒ | ⇒ | ⇗ |
[ANNOUNCE]The Canadian Dollar has surged by 3.16% against the Swiss Franc since last week's trading sessions. The currency pair bounced off the lower boundary of an ascending channel pattern at 0.7020 on February 15.
[/ANNOUNCE]
As for the near future, the CAD/CHF exchange rate is likely to continue edge higher. Bullish traders could aim at the 0.7400 level during the following trading sessions.
However, the currency exchange rate might make a brief retracement towards an order block at 0.7100 before the end of next week's trading sessions.