Canadian franc and the next moves on the pair

Economically:

The Canadian franc pair declined in light of the scarcity of economic data from Switzerland this week, but Canada had the lion's share of the data, as the Canadian currency fell this week with the possibility of imposing tariffs by 25% within two weeks of the new Trump administration, especially since Canada sends almost 75% of its exports of goods and services to the United States.

We are also waiting for inflation data from Canada today and expectations point to further declines.

At the technical level:

The Canadian franc pair fell for the second week in a row, especially after the pair completed the harmonic bat model with the start of trading last week.

We still expect further pullbacks of the pair towards the levels of 0.6230/00 during the coming period, as we mentioned in the weekly analysis video here

This scenario fails if the 0.6405 levels break higher.