| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Sell | Sell | Buy |
| RSI (14) | Neutral | Neutral | Neutral |
| Stochastic (5; 3) | Neutral | Neutral | Buy |
| Alligator (13; 8; 5) | Sell | Sell | Neutral |
| SAR (0.02; 0.2) | Buy | Sell | Sell |
| Aggregate | ⇒ | ⇘ | ⇒ |
The US Dollar has been depreciating against the Swiss Franc since the beginning of September. This movement has been bounded in a descending channel.
Currently, the pair is trading near the lower boundary of given channel. The common scenario would be a reverse from the lower channel line and a surge towards the upper boundary of the descending channel located circa 0.9740. However, technical indicators suggest that this advance might not be immediate due to the resistance cluster formed by a combination of the 100-, 200-hour SMAs and the weekly PP at 0.9690.
An important resistance level to look out for is the 55-hour SMA at 0.9668.