The Canadian Dollar has appreciated by 2.08% in value against the Swiss Franc since August 14.
The currency pair is currently testing a resistance level formed by the 200- hour simple moving average at 0.7429.
If the resistance level holds, the exchange rate might edge lower during the following trading sessions.
On the other hand, if the CAD/CHF currency exchange rate passes the 200-period SMAs, bullish traders might aim at the monthly pivot point at 0.7537 during next week’s trading sessions.
