| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Sell | Buy | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Sell |
| Alligator(13;8;5) | Sell | Buy | Sell |
| SAR(0.02;0.2) | Sell | Sell | Buy |
| Aggregate | ⇘ | ⇒ | ⇘ |
The US Dollar has been edging higher in a junior ascending channel against the Swiss Franc since the beginning of February. The currency pair has surged by 2.25% in value during this period.
All things being equal, the exchange rate will most likely continue to surge in the junior ascending channel pattern. The potential target for the USD/CHF pair will be at the 0.9900 marks.
However, given that the currency exchange rate is currently trading near the lower boundary of the channel pattern, a breakout could occur within the following trading sessions.