| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Sell | Buy | Buy |
| RSI (14) | Neutral | Neutral | Neutral |
| Stochastic (5; 3) | Sell | Sell | Sell |
| Alligator (13; 8; 5) | Sell | Neutral | Buy |
| SAR (0.02; 0.2) | Sell | Sell | Buy |
| Aggregate | ⇒ | ⇒ | ⇒ |
The Australian Dollar is trading against the Swiss Franc in pattern that recently started to transform from a two week long descending channel into a falling wedge. The reason behind such transformation is related to sudden sharp depreciation of the Aussie, which put the currency rate below the 55-, 100- and 200-hour SMAs.
Accordingly, in the subsequent days their combined pressure blocked all attempts to restore lost positions. In theory, in this type of pattern the ultimate breakout should happen to the north. However, a massive presence of various technical indicators calls into question such outcome.
In addition to that, if the assumption about simultaneous existence of a senior ascending channel is true, then the rate even more has to tend to move to the south.