| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Buy | Buy | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Sell | Sell | Neutral |
| Alligator(13;8;5) | Buy | Buy | Sell |
| SAR(0.02;0.2) | Buy | Buy | Sell |
| Aggregate | ⇗ | ⇗ | ⇘ |
The US Dollar has been appreciating against the Swiss Franc since the middle of August when the USD/CHF exchange rate reversed north from the lower boundary of the medium-term descending channel at 0.9665.
Currently, the currency pair is testing the upper channel line at 0.9927. From a theoretical perspective, it is likely that a reversal south could occur in the nearest future, and the pair would target the lower channel line located in the 0.9600/0.9650 area.
However, note this decline might not be immediate, as the rate has to surpass the support level—the Fibonacci 50.00% retracement at 0.9752. If the given level holds, a reversal north could follow, and the pair could re-test the upper trend line.