CAD/CHF 4H Chart: Decline likely to continue

Note: This section contains information in English only.
Source: Dukascopy Bank SA
Indicator4H1D1W
MACD(12;26;9)SellBuyBuy
RSI(14)BuyNeutralSell
Stochastic(5;3;3)NeutralBuyNeutral
Alligator(13;8;5)SellNeutralBuy
SAR(0.02;0.2)SellSellBuy
Aggregate⇘⇒⇗

[ANNOUNCE]The Canadian Dollar has declined by 2.32% against the Swiss Franc since April 1. The currency pair breached the 50– and 200– period SMAs during this week's trading sessions.
[/ANNOUNCE]
All things being equal, the exchange rate is likely to edge lower during the following trading sessions. The potential target for the CAD/CHF pair will be near the 0.7250 area.

However, the currency exchange rate could bounce off a support line at 0.7333 within today's session.

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