| 4H | 1D | 1W | |
|---|---|---|---|
| MACD(12;26;9) | Sell | Sell | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Buy |
| Alligator(13;8;5) | Sell | Sell | Sell |
| SAR(0.02;0.2) | Buy | Sell | Sell |
| Aggregate | ⇒ | ⇘ | ⇘ |
The USD/ILS exchange rate has been trading within a falling wedge pattern since the beginning of June.
From a theoretical perspective, it is likely that a reversal north could occur in the nearest future, and the currency pair could target the psychological level at 3.6000.
In the meantime, note that the exchange rate is pressured by the 55-, 100– and 200-hour SMAs in the 3.4080/3.4330 area. Thus, the rate could continue to decline in the medium term.