| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Buy | Sell | Sell |
| RSI (14) | Neutral | Neutral | Neutral |
| Stochastic (5; 3) | Neutral | Neutral | Neutral |
| Alligator (13; 8; 5) | Neutral | Sell | Sell |
| SAR (0.02; 0.2) | Buy | Buy | Sell |
| Aggregate | ⇒ | ⇘ | ⇒ |
After reaching the lower boundary of a downtrend channel on July 3, the New Zealand Dollar changed its market sentiment against the Swiss Franc and started to retrace to the upside.
During this period of upward movement, the exchange rate breached some major significant resistance level. Namely, the 55-, 100-, and 200-hour SMAs. Also, the rate dashed through the weekly and the monthly PPs.
Given that a breakout had occurred through the upper boundary of a descending channel, the NZD/CHF currency exchange rate could be set for continuous movement to the upside.