| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Sell | Buy | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Sell | Buy | Sell |
| SAR(0.02;0.2) | Sell | Sell | Sell |
| Aggregate | ⇘ | ⇒ | ⇘ |
The Dollar index has depreciated about 1.47% in value during the past two weeks. The pair has been trading near a significant support level at 97.21 since last week's trading sessions.
If the support level holds, the Dollar.IDX/USD pair will continue to trade in the ascending channel during the following trading sessions.
Given that the pair is trading near the bottom border of the channel pattern, a breakout could occur in the nearest future.
However, it is unlikely that the pair will surpass the significant support level at 97.21 within this week's trading sessions.