| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Buy | Sell | Sell |
| RSI (14) | Sell | Neutral | Neutral |
| Stochastic (5; 3) | Sell | Sell | Neutral |
| Alligator (13; 8; 5) | Buy | Neutral | Sell |
| SAR (0.02; 0.2) | Buy | Buy | Sell |
| Aggregate | ⇒ | ⇒ | ⇘ |
The US Dollar has been trading in a one-week ascending wedge pattern against the Swiss Franc.
The exchange rate tested a resistance cluster formed by the weekly and the monthly pivot points and the upper border of the wedge pattern at 0.9770 during the early hours of Friday's trading session.
If the USD/CHF currency pair passes this resistance line, the next targets for the price will be at the weekly R3 near the 0.9836 mark.
On the other hand, if the resistance cluster as mentioned earlier holds, the currency exchange rate could make a brief retracement south towards a support cluster formed by the weekly R1 and the 100-hour simple moving average at 0.9670 during the following trading sessions.