Indicator | 4H | 1D | 1W |
MACD (12; 26; 9) | Sell | Buy | Sell |
RSI (14) | Neutral | Neutral | Neutral |
Stochastic (5; 3) | Buy | Sell | Sell |
Alligator (13; 8; 5) | Sell | Buy | Sell |
SAR (0.02; 0.2) | Sell | Buy | Buy |
Aggregate | ⇘ | ⇗ | ⇘ |
The US Dollar has recently suffered losses against the Swiss Franc, as the junior channel up pattern has been broken on the four hour chart. However, a more dominant ascending pattern remains in force.
In regards to the short term the pair is set to continue the decline, as it recently passed a few support levels above the 0.9750 mark. The next notable support level is located at the 0.9720 mark, where the 100-period SMA is located at.
Meanwhile, in the medium term the pair is set to reveal a medium term descending pattern, which should guide the rate down to the lower trend line of the dominant ascending pattern.