| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Sell | Sell | Sell |
| RSI(14) | Neutral | Buy | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Buy |
| Alligator(13;8;5) | Sell | Sell | Sell |
| SAR(0.02;0.2) | Sell | Sell | Sell |
| Aggregate | ⇘ | ⇘ | ⇘ |
The US Dollar has declined by 1.50% against the Swiss Franc since May 13. The currency pair was pressured lower by the 50– period simple moving average during last week's trading sessions.
Technical indicators suggest selling signals on the 4H, daily and weekly time-frame charts. Most likely, the exchange rate could continue to trend bearish during the following trading sessions. The potential target for the USD/CHF pair will be near the 0.8850 level.
However, the weekly support level at 0.8936 could provide support for the currency exchange rate in the shorter term.