| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Buy | Buy | Sell |
| RSI (14) | Neutral | Neutral | Neutral |
| Stochastic (5; 3) | Buy | Neutral | Neutral |
| Alligator (13; 8; 5) | Buy | Buy | Sell |
| SAR (0.02; 0.2) | Sell | Buy | Buy |
| Aggregate | ⇗ | ⇗ | ⇘ |
The price movement of USD/CNH during the past few weeks demonstrates a medium-term consolidation, meaning that the US Dollar has failed to move above the 6.3833 level, while support has been provided by an upward-sloping trend-line.
Two scenarios are possible in this situation. First, a breakout of the 6.39 area should result in a surge towards the senior channel and the 50.00% Fibonacci retracement at 6.44 during the following week.
Second, the pair might still diminish its trading range between the aforementioned barriers until downside risks prevail and start a medium-term decline. In this case, it is likely that the pair targets the monthly PP and the weekly S2 at 6.3050 within the following two weeks. Technical on the longer-term time-frames are tilting towards the bearish scenario.