| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Sell | Buy | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Sell | Buy | Sell |
| SAR(0.02;0.2) | Buy | Buy | Sell |
| Aggregate | ⇒ | ⇗ | ⇘ |
Upside risks have guided the Swiss Franc higher against the Japanese Yen since the beginning of September after the currency pair reversed from a psychological support level at 107.00.
The exchange rate made a U-turn from a support cluster, formed by the combination of the 50-, 100- and 200-period simple moving averages, the monthly pivot point and the weekly S1 at the 108.30 on September 19.
Everything being equal, the CHF/JPY currency exchange rate will likely edge higher during the following trading sessions. The possible target for bullish traders would be near a swing high at 109.50.