| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Sell | Sell | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Neutral | Sell | Neutral |
| SAR(0.02;0.2) | Buy | Sell | Buy |
| Aggregate | ⇒ | ⇘ | ⇗ |
The Australian Dollar continued to appreciate gradually against the Swiss Franc within the medium-term ascending channel.
As apparent on the chart, the currency pair has reversed south from the upper channel line at 0.7273. From a theoretical perspective, it is likely, that the pair could reach the lower channel line located circa 0.7050 and reverse north within the following sessions.
However, if the given channel does not hold, a breakout south could occur, as the exchange rate is pressured by the 55-, 100– and 200-hour SMAs. The nearest possible downside target is the 0.6950/0.7000 range.