| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Sell | Sell | Sell |
| RSI(14) | Buy | Buy | Neutral |
| Stochastic(5;3;3) | Neutral | Buy | Buy |
| Alligator(13;8;5) | Sell | Sell | Sell |
| SAR(0.02;0.2) | Sell | Sell | Sell |
| Aggregate | ⇘ | ⇒ | ⇘ |
The US Dollar has been depreciating in a narrow descending channel against the Swiss Franc since the beginning of December 2019. The currency pair has declined by 3.61% in value since December 2.
As for the near future, the USD/CHF exchange rate will most likely continue to edge lower. Bears could drive the price towards the 0.9541 during the following trading sessions.
However, the currency exchange rate is likely to make a brief retracement towards a resistance cluster formed by the weekly and the monthly PPs and the 50– period SMA at 0.9787 during next week's trading sessions.