4H | 1D | 1W | |
---|---|---|---|
MACD(12;26;9) | Buy | Sell | Buy |
RSI(14) | Neutral | Neutral | Neutral |
Stochastic(5;3;3) | Neutral | Neutral | Neutral |
Alligator(13;8;5) | Buy | Sell | Buy |
SAR(0.02;0.2) | Buy | Sell | Sell |
Aggregate | ⇗ | ⇘ | ⇒ |
The AUD/CHF exchange rate has been trading within a descending triangle pattern since the end of August.
Given that the currency pair is pressured by the 55– and 100-period moving averages near 0.6570, it is likely that a breakout south could occur within the following trading sessions. The pair could re-test the support level—the Fibo 38.20% at 0.6433.
In the meantime, it is unlikely that bulls could prevail in the market, and the exchange rate could exceed the resistance level—the Fibo 50.00%, located at the 0.6695 mark.