| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Buy | Buy | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Sell | Sell | Neutral |
| Alligator(13;8;5) | Buy | Buy | Sell |
| SAR(0.02;0.2) | Buy | Buy | Buy |
| Aggregate | ⇗ | ⇗ | ⇒ |
The Swiss Franc has been appreciating against the Japanese Yen since the middle of February when the exchange rate reversed from the support level—the Fibonacci 23.60% at 109.79.
Currently, the rate is testing the weekly R1 at 111.79. Given that the currency pair is being supported by the 55-, 100– and 200-hour SMAs, it is likely that some upside potential prevails in the market. It is expected that the pair surpasses the psychological level at 112.00.
If the given level holds, it is likely that the rate re-tests the given support.