| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Sell | Sell | Buy |
| RSI (14) | Neutral | Neutral | Neutral |
| Stochastic (5; 3) | Neutral | Neutral | Neutral |
| Alligator (13; 8; 5) | Sell | Sell | Buy |
| SAR (0.02; 0.2) | Buy | Sell | Sell |
| Aggregate | ⇒ | ⇘ | ⇒ |
The US Dollar has been trading in an ascending triangle against the Swiss Franc since mid-April. The rate re-tested its bottom line on July 31 and has since edged slightly higher.
A steeper appreciation has been restricted by a medium-term channel along which the US Dollar has been lingering for a couple of sessions. It does indicate that the pair may trying to breach this line and most presumably advance towards the upper wedge line at 1.0060—its highest position since May 2018.
The US Dollar is currently supported by the 55– and 100-hour and the 55-day SMAs at 0.9926. If this level is to hold strong, the aforementioned bullish scenario is likely to take place. Conversely, a southern breakout from this 0.9926 level should result in the pair dashing through the bottom wedge line near 0.9890 and a subsequent test of either the 23.60% Fibonacci retracement or the monthly S1 at 0.9850 and 0.9820, respectively.