| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Sell | Sell | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Sell | Neutral | Neutral |
| Alligator(13;8;5) | Neutral | Sell | Buy |
| SAR(0.02;0.2) | Buy | Sell | Buy |
| Aggregate | ⇒ | ⇘ | ⇗ |
The EUR/CHF currency pair has been trading downwards within a falling wedge pattern since the beginning of September.
From a theoretical point of view, it is likely that the exchange rate could breach the given pattern north within the following trading sessions. Note that the rate could face the resistance level formed by the Fibo 23.60% at 1.0861.
If the predetermined resistance level holds, it is likely that a reversal south could occur. Otherwise, the pair could target the 1.0900 level.