| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Buy | Buy | Buy |
| RSI(14) | Sell | Sell | Neutral |
| Stochastic(5;3;3) | Sell | Sell | Neutral |
| Alligator(13;8;5) | Buy | Buy | Buy |
| SAR(0.02;0.2) | Buy | Buy | Buy |
| Aggregate | ⇒ | ⇒ | ⇗ |
The Swiss Franc has surged by 2.68% against the Japanese Yen since November 20. The currency pair tested the 117.00 level during the Asian session on Thursday.
As for the near future, the CHF/JPY exchange rate could continue to trend bullish. A breakout through the upper boundary of an ascending channel pattern might occur within this week's trading sessions.
However, if the channel pattern holds, the currency exchange rate is likely to make a pullback towards the 115.40 level during the following trading sessions.