| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Sell | Sell | Sell |
| RSI (14) | Neutral | Buy | Neutral |
| Stochastic (5; 3) | Neutral | Buy | Neutral |
| Alligator (13; 8; 5) | Sell | Sell | Sell |
| SAR (0.02; 0.2) | Buy | Sell | Sell |
| Aggregate | ⇘ | ⇒ | ⇒ |
The NZD/CHF exchange rate has been consolidating in the 0.67/0.68 range since the beginning of July. This movement sideways is stranded in a rather flat channel down. The rate bounced off its bottom boundary on Friday.
Assuming that this pattern is to hold intact for a couple of sessions more, the Kiwi should gain momentum and aim for its upper channel line located near 0.6780. The 100– and 200-period SMAs (4H) are strengthening this resistance cluster. Thus, if a breakout north occurs, it is likely that the following target in the short term is the monthly R1 and the senior channel at 0.6830.
In case the monthly PP at 0.6740 is not surpassed, traders might see the rate approaching the 0.66 level.