| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Buy | Sell | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Buy | Neutral | Buy |
| Alligator(13;8;5) | Buy | Sell | Sell |
| SAR(0.02;0.2) | Buy | Buy | Sell |
| Aggregate | ⇑ | ⇒ | ⇘ |
The US Dollar has edged higher by 1.14% against the Swiss Franc since the beginning of June. The currency pair tested the 200– period simple moving average at 0.9051 on June 4.
Technical indicators suggest buying signals on the 4H time-frame chart. Most likely, the exchange rate could continue to climb during this week's trading sessions.
However, the upper line of a descending channel pattern could provide resistance for the USD/CHF currency exchange rate in the shorter term.