| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Sell | Sell | Sell |
| RSI(14) | Buy | Buy | Neutral |
| Stochastic(5;3;3) | Neutral | Buy | Neutral |
| Alligator(13;8;5) | Sell | Sell | Sell |
| SAR(0.02;0.2) | Sell | Sell | Sell |
| Aggregate | ⇘ | ⇒ | ⇘ |
The AUD/CHF exchange rate has been trading upwards within the ascending channel since the beginning of February. Currently, the rate is testing the lower channel line at 0.6460.
From a theoretical perspective, it is likely that a reversal north could occur in the nearest future, and the currency pair could re-test the upper channel line at 0.6620. Also, it is likely that the pair could trade within the given channel in the medium term.
However, note that the exchange rate is pressured by the 55-, 100– and 200-hour SMAs, currently located in the 0.64900/0.6560 area. Thus, some downside potential could prevail, and the rate could re-test the lower line of the long-term descending channel (1D time-frame chart) near 0.6370.