4H | 1D | 1W | |
---|---|---|---|
MACD(12;26;9) | Buy | Buy | Sell |
RSI(14) | Neutral | Neutral | Neutral |
Stochastic(5;3;3) | Buy | Neutral | Neutral |
Alligator(13;8;5) | Neutral | Buy | Sell |
SAR(0.02;0.2) | Sell | Buy | Sell |
Aggregate | ⇒ | ⇗ | ⇘ |
Since the beginning of November, the AUD/CHF exchange rate has been trading within an ascending channel.
From a theoretical perspective, it is likely that the currency pair could continue to trade within the predetermined channel in the medium term. In this case the pair could reach the 0.7100 level.
In the meantime, note that the exchange rate is pressured by the Fibo 61.80% at 0.6958. Thus, the rate could breach the given pattern south and target the Fibo 50.00% at 0.6698.