Idea: The pair is apparently involved in a rising wedge.
Looking at the RSI is a "step" increase and a trend that seems to overflow near December; Taking Fibonacci levels, a zig-zag line (elliot for purists) and this combined apparently coincides with a wedge pattern fits: --------------------------------------- CHF seasonal trend CAD seasonal trend --------------------------------------- this quarter apparently these pairs enter into a seasonal period, where the increases in indices of each other are synchronized.
To break the wedge in the second week of December
Ideas, comments and suggestions: They are always welcome