| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Sell | Sell | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Neutral | Sell | Sell |
| SAR(0.02;0.2) | Buy | Sell | Sell |
| Aggregate | ⇒ | ⇘ | ⇘ |
The Canadian Dollar has declined by 1.93% against the Swiss Franc since September 8. The currency pair breached the 200– period simple moving average during this week's trading sessions.
A breakout occurred through the upper boundary of a descending channel pattern on September 22.
Given that a breakout has occurred, bullish traders could pressure the CAD/CHF exchange rate higher during the following trading sessions.
However, a resistance cluster formed by the 100– period SMA and the weekly R1 at 0.6920 could provide resistance for the currency exchange rate in the shorter term.