Indicator | 4H | 1D | 1W |
---|---|---|---|
MACD(12;26;9) | Buy | Buy | Sell |
RSI(14) | Sell | Neutral | Neutral |
Stochastic(5;3;3) | Neutral | Neutral | Neutral |
Alligator(13;8;5) | Buy | Buy | Sell |
SAR(0.02;0.2) | Buy | Buy | Buy |
Aggregate | ⇗ | ⇗ | ⇒ |
The NZD/CHF exchange rate continued to extend gains gradually. The rate has already exceeded the 0.5950 level.
Given that the currency pair is supported by the 55-, 100– and 200-hour moving averages in the 0.5950 area, it is likely that some upside potential could continue to prevail in the market. Note that the pair could face the resistance area formed by the Fibos 38.20% and 50.00% in the 0.6154/0.6339 range.
If the given resistance holds, it is likely that a reversal south could follow. However, it is unlikely that the rate could decline below the psychological level at 0.5555.