| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Sell | Sell | Sell |
| RSI (14) | Neutral | Neutral | Neutral |
| Stochastic (5; 3) | Sell | Neutral | Sell |
| Alligator (13; 8; 5) | Sell | Sell | Sell |
| SAR (0.02; 0.2) | Buy | Sell | Sell |
| Aggregate | ⇘ | ⇘ | ⇓ |
Following a two-week period of consolidation, some volatility was introduced for the CAD/CHF exchange rate. As a result, the pair formed a triangle-like formation and tested its lower boundary on two separate occasions. The first one occurred on March 5 when the Canadian Dollar reversed from a nine-month low of 0.7228.
In case the pair respects the boundaries of this pattern, the Loonie should began appreciating against the Swiss Franc during the following sessions towards its upper boundary circa 0.7450/75.
Technical indicators, however, support a bearish scenario that would push the pair for the aforementioned low, likewise reinforced by the monthly S2.
By and large, the pair should eventually gather enough strength to form a new up-trend.