| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Sell | Sell | Sell |
| RSI(14) | Buy | Buy | Neutral |
| Stochastic(5;3;3) | Buy | Neutral | Buy |
| Alligator(13;8;5) | Sell | Sell | Sell |
| SAR(0.02;0.2) | Sell | Sell | Sell |
| Aggregate | ⇒ | ⇘ | ⇘ |
The Australian Dollar has been depreciating against the Swiss Franc since the beginning of January after the AUD/CHF exchange rate failed to surpass the Fibonacci 23.60% retracement at 0.6816.
Note that the currency pair is pressured by the 55-, 100– and 200-hour moving averages, currently located circa 0.6600. Thus, some downside potential could prevail in the market, and the pair could reach the lower boundary of the long-term descending channel (1D time-frame chart) circa 0.6330.
However, if the exchange rate fails to surpass the 2019 low at 0.6500, a reversal north could occur in the nearest future. In this case the rate could re-test the given Fibonacci retracement.