| Indicator | 1H | 4H | 1D |
| MACD (12; 26; 9) | Sell | Sell | Sell |
| RSI (14) | Buy | Buy | Buy |
| Stochastic (5; 3) | Sell | Neutral | Buy |
| Alligator (13; 8; 5) | Sell | Sell | Sell |
| SAR (0.02; 0.2) | Buy | Sell | Sell |
| Aggregate | ⇘ | ⇒ | ⇒ |
USD/CNH is trading in two patters simultaneously - a channel down and a falling wedge. The characteristics of both patterns suggest that an upside breakout of the latter is the most probable option, setting the upper channel boundary as the next target. However, the steepness of this wave upwards is yet to be seen. It is likely that the rate trades in a relatively flat motion and reaches the aforementioned channel line near the 6.68 mark. Meanwhile, trend indicators are still demonstrating the prevalence of a down-trend, as opposed to momentum indicators and oscillators that suggest a reversal. It is expected that bulls may eventually take the upper hand, resulting in a surge when the upper channel boundary is breached. The nearest resistance is set by the 55-hour SMA and the monthly S1 near 6.70, while support is held by the monthly S2 at 6.6676.