| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Sell | Buy | Buy |
| RSI(14) | Buy | Neutral | Neutral |
| Stochastic(5;3;3) | Buy | Buy | Sell |
| Alligator(13;8;5) | Sell | Buy | Buy |
| SAR(0.02;0.2) | Sell | Sell | Buy |
| Aggregate | ⇒ | ⇗ | ⇗ |
The US Dollar has declined by 1.72% against the Swiss Franc since April 1. A breakout occurred through the lower boundary of an ascending channel pattern during yesterday's trading session.
Given that a breakout has occurred, bearish traders are likely to target the 0.9200 level during the following trading sessions.
However, a support cluster formed by the weekly S3 and the 200– period simple moving average near the 0.9258 area could provide support for the USD/CHF currency exchange rate in the shorter term.