Indicator | 4H | 1D | 1W |
MACD (12; 26; 9) | Buy | Sell | Sell |
RSI (14) | Sell | Neutral | Buy |
Stochastic (5; 3) | Sell | Sell | Neutral |
Alligator (13; 8; 5) | Buy | Neutral | Sell |
SAR (0.02; 0.2) | Buy | Buy | Sell |
Aggregate | ⇒ | ⇘ | ⇒ |
The Australian Dollar has been appreciating against the Swiss Franc since the middle of September. This movement is bounded by a two-week ascending channel.
Currently, the currency pair is trading above the 50-, 100-, and 200-hour simple moving averages. From a technical point of view, the rate could continue moving north until it reaches a resistance cluster formed by the weekly and the monthly PPs at 0.7173.
However, the weekly R1 at 0.7144 could hinder the AUD/CHF currency exchange rate from reaching the targets within the next 48 hours.