| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Buy | Sell | Sell |
| RSI (14) | Neutral | Neutral | Neutral |
| Stochastic (5; 3) | Buy | Sell | Neutral |
| Alligator (13; 8; 5) | Buy | Sell | Sell |
| SAR (0.02; 0.2) | Buy | Buy | Sell |
| Aggregate | ⇗ | ⇘ | ⇒ |
The US Dollar's movement against the Chinese Yuan during the past six weeks has been guided by a descending channel. The pair was trading along its bottom line last week and thus fell to its four-month low of 6.47; however, it did eventually gain strength on Monday.
Following a test of the 6.54 mark, the Greenback initiated a new wave down—a move was disrupted by the 55-hour SMA. Given that the pair remains testing this line for several hours, it might be finally breached within this session. A subsequent fall, however, should be stopped by the 100– and 200-hour SMAs near 6.5050.
The steepness of the senior channel suggests that it could be breached during the next week. A surge might follow, thus setting the 6.55 area as a near-term target and 6.59—for a longer term.