| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Buy | Sell | Sell |
| RSI (14) | Neutral | Buy | Buy |
| Stochastic (5; 3) | Sell | Sell | Neutral |
| Alligator (13; 8; 5) | Buy | Sell | Sell |
| SAR (0.02; 0.2) | Buy | Buy | Sell |
| Aggregate | ⇗ | ⇒ | ⇘ |
The common European currency has been trading in a descending channel against the Swiss Franc after it touched the upper boundary of a dominant channel on January 10.
During the past few days, the pair has formed a new low at 1.1409. A breakout is likely to occur through the lower boundary of a triangle.
Technical indicators are in favor of bears to continue their dominance over the EUR/CHF pair.