| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Buy | Buy | Buy |
| RSI (14) | Neutral | Sell | Neutral |
| Stochastic (5; 3) | Neutral | Neutral | Neutral |
| Alligator (13; 8; 5) | Buy | Buy | Buy |
| SAR (0.02; 0.2) | Buy | Buy | Buy |
| Aggregate | ⇗ | ⇒ | ⇗ |
The US Dollar has been appreciating against the Israeli Shekel since the currency pair reversed from the lower boundary of the long-term ascending channel at 3.5730. This movement has been bounded in the rising wedge.
Given that the exchange rate is being supported by the 55-, 100– and 200-hour SMAs, it is likely that bullish momentum prevails within following sessions until the upper channel line located near the 3.8200 mark is reached.
If given channel holds, it is expected that the pair reverses south and breaches the rising wedge. Important support level to look out for is the Fibonacci 0.00% retracement at 3.7270.