| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Sell | Buy | Sell |
| RSI (14) | Neutral | Neutral | Neutral |
| Stochastic (5; 3) | Neutral | Neutral | Neutral |
| Alligator (13; 8; 5) | Sell | Buy | Neutral |
| SAR (0.02; 0.2) | Sell | Sell | Buy |
| Aggregate | ⇒ | ⇒ | ⇒ |
The Swiss Franc movement against the Japanese Yen has been constrained by two months ascending channel. The exchange rate bounced off the bottom boundary of a junior ascending channel on May 10 and has since hit a four-month high level near the 113.03 mark.
The currency pair reversed south after hitting the upper border of a dominant descending channel during the last one week.
Given that the CHF/JPY currency exchange rate is stranded between SMAs, a breakout could be expected during the following trading sessions. Technical indicators favour downward breakout.