| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Sell | Sell | Buy |
| RSI (14) | Neutral | Neutral | Neutral |
| Stochastic (5; 3) | Sell | Buy | Sell |
| Alligator (13; 8; 5) | Sell | Sell | Buy |
| SAR (0.02; 0.2) | Buy | Sell | Buy |
| Aggregate | ⇘ | ⇒ | ⇒ |
The Canadian Dollar has been strained in a channel up against the Swiss Franc. The pair tested the upper boundary of this pattern and a senior channel circa 0.7910, being followed by a strong period of decline.
The dotted line which is the daily dominant channel is providing support for the pair at the time of this analysis. At the moment, the counter channel has been broken, as can be observed on the chart.
Furthermore, in regards to the short-term future, the pair is likely to make a temporary surge in the form of a retracement and could be stop by the weekly pivot point at 0.776.