| 4H | 1D | 1W | |
|---|---|---|---|
| MACD(12;26;9) | Sell | Sell | Sell |
| RSI(14) | Buy | Buy | Buy |
| Stochastic(5;3;3) | Buy | Buy | Buy |
| Alligator(13;8;5) | Sell | Sell | Sell |
| SAR(0.02;0.2) | Sell | Sell | Sell |
| Aggregate | ⇒ | ⇒ | ⇒ |
As apparent on the chart, the USD/ILS exchange rate has breached the falling wedge pattern south.
Given that the currency pair is pressured by the 55-, 100– and 200-period moving averages in the 3.2000/3.2830 range, it is likely that some downside potential could continue to prevail in the market.
In the meantime, it is unlikely that bulls could prevail in the market in the medium term, and the exchange rate could exceed the psychological level at 3.4000.