The Canadian Dollar has been trading in a triangle-like formation pattern against the Swiss Franc September. The currency pair re-tested the upper boundary of the pattern at 0.7680 on November 5.
The exchange rate has been moving sideways within a range of 0.7548 and 0.7700 since the beginning of October.
Everything being equal, it is likely that the CAD/CHF currency exchange rate increases its trading range during the following week.
Moreover, technical indicators on the weekly time-frame suggest a bullish sentiment during the next week trading sessions.
