| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Sell | Buy | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Buy | Sell |
| Alligator(13;8;5) | Sell | Buy | Buy |
| SAR(0.02;0.2) | Sell | Sell | Buy |
| Aggregate | ⇘ | ⇗ | ⇗ |
Since July, the EUR/CHF currency pair has been trading within an ascending triangle pattern.
From a theoretical point of view, it is likely that the exchange rate could continue to consolidate within the predetermined pattern in the medium term.
Meanwhile, note that the rate could gain support from the 200-period SMA near 1.0770 and breach the given pattern north in the nearest future. The pair could target the Fibo 38.20% at 1.1080.