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The pair is reaching for the highest levels this year that were set at early October, when the Loonie approached 0.8639. The shorter term technical studies, namely 1H and 4H, are strongly bullish. Moreover, also the majority (75%) of the SWFX traders' are bullish on CAD/CHF. There are certainly more bullish signals for the time being; therefore, with the pair being near the upper trend-line we see a potential for bullish break-out, this year's high could be the target.
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