| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Buy | Sell | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Buy | Sell | Neutral |
| SAR(0.02;0.2) | Buy | Sell | Buy |
| Aggregate | ⇗ | ⇘ | ⇒ |
The USD/CHF currency pair has been trading within the symmetrical triangle pattern since the beginning of October. Currently, the pair is trading near the upper pattern line at 0.9940.
Note that the exchange rate is supported by the 55-, 100- and 200-hour moving averages, currently located in the 0.9899/0.9922 area. Thus, a breakout north could occur in the nearest future. A possible upside target is the psychological level at 1.0020.
If the given support level does not hold, a reversal south could occur, and the currency pair could target the lower pattern line located circa 0.9860. If the given pattern does not hold, the pair could decline to the Fibo 50.00% at 0.9752.