| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Sell | Buy | Sell |
| RSI (14) | Buy | Neutral | Neutral |
| Stochastic (5; 3) | Neutral | Sell | Sell |
| Alligator (13; 8; 5) | Sell | Buy | Sell |
| SAR (0.02; 0.2) | Sell | Sell | Buy |
| Aggregate | ⇘ | ⇒ | ⇘ |
The US Dollar continues to trade in an ascending channel pattern against the Chinese Yuan. The channel was formed as a result of a rebound against 2017 low level, which also acts as a 0.00% point for any Fibonacci retracement level.
Most recently the currency exchange rate hit the combined support of the lower trend line of the ascending channel pattern and the 23.60% Fibonacci retracement level just above the 6.5700 mark.
Due to that reason a rebound should occur. However, take into account that there is no notable massive scale pattern noticed on the daily charts, which means that the support might be passed after all.