| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Sell | Sell | Buy |
| RSI(14) | Buy | Neutral | Neutral |
| Stochastic(5;3;3) | Buy | Buy | Neutral |
| Alligator(13;8;5) | Sell | Sell | Buy |
| SAR(0.02;0.2) | Sell | Sell | Buy |
| Aggregate | ⇒ | ⇘ | ⇗ |
The US Dollar has declined by 3.66% against the Swiss Franc since the beginning of April. The currency pair breached the 50– and 200– period simple moving averages during this period.
All things being equal, the exchange rate is likely to continue to edge lower in a narrow descending channel pattern during the following trading sessions. The potential target for the USD/CHF pair will be near the 0.9000 level.
However, a support level at 0.9125 could provide support for the currency exchange rate in the shorter term.