| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Sell | Buy | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Sell | Buy | Buy |
| SAR(0.02;0.2) | Buy | Sell | Sell |
| Aggregate | ⇒ | ⇒ | ⇒ |
The dollar index, which measures the US Dollar against a basket of major currencies, has declined by 1.12% since October 10. A breakout occurred through the lower boundary of an ascending channel pattern during yesterday's trading session.
Given that a breakout has occurred, sellers could continue to pressure the price lower within the following trading sessions.
However, the 200– period simple moving average at 93.39 could provide support for the DOLLAR.IDX/USD pair in the shorter term.