| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Buy | Sell | Sell |
| RSI(14) | Neutral | Neutral | Buy |
| Stochastic(5;3;3) | Neutral | Sell | Neutral |
| Alligator(13;8;5) | Buy | Neutral | Sell |
| SAR(0.02;0.2) | Buy | Buy | Sell |
| Aggregate | ⇗ | ⇒ | ⇘ |
The New Zealand Dollar has been appreciating against the Swiss Franc since the end of August when the NZD/CHF currency pair reversed north from the lower boundary of the falling wedge pattern at at 0.6180.
From a theoretical perspective, it is likely that some upside potential could prevail in the market in the nearest future, as the exchange rate should target the upper pattern line located in the 0.6500/0.6550 area.
However, note that the pair could has to surpass the monthly R1 located at the 0.6471 mark. Thus, an expected advance might not be immediate. If the given level holds, it is likely that a reversal south could occur.