| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Buy | Buy | Sell |
| RSI(14) | Sell | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Sell | Neutral |
| Alligator(13;8;5) | Buy | Buy | Sell |
| SAR(0.02;0.2) | Buy | Buy | Sell |
| Aggregate | ⇗ | ⇗ | ⇘ |
The US Dollar has been trading in a one-month ascending channel pattern against the Swiss Franc. The currency pair reversed from the lower boundary of the channel pattern at 0.9698 on June 25.
Most likely, the exchange rate will continue its upward swing within this week's trading sessions. The potential target for bullish traders would be near the upper border of the channel pattern at 1.0038.
Moreover, technical indicators flash buy signals on both the smaller and the larger time-frame charts.