Indicator | 4H | 1D | 1W |
---|---|---|---|
MACD(12;26;9) | Sell | Buy | Buy |
RSI(14) | Neutral | Neutral | Neutral |
Stochastic(5;3;3) | Neutral | Neutral | Sell |
Alligator(13;8;5) | Neutral | Buy | Buy |
SAR(0.02;0.2) | Sell | Buy | Buy |
Aggregate | ⇘ | ⇗ | ⇗ |
The US Dollar has surged by 1.22% against the Swiss Franc during the past two weeks. The USD/CHF currency pair tested the weekly resistance level at 0.9277 on July 2.
As for the near future, the exchange rate is likely to continue to edge higher in an ascending channel pattern. Bullish traders might target the 0.9350 level within the following trading days.
However, buyers could still encounter resistance at 0.9277 within this week's trading sessions.