| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Buy | Sell | Sell |
| RSI(14) | Neutral | Neutral | Buy |
| Stochastic(5;3;3) | Neutral | Sell | Buy |
| Alligator(13;8;5) | Buy | Sell | Sell |
| SAR(0.02;0.2) | Buy | Buy | Sell |
| Aggregate | ⇗ | ⇘ | ⇒ |
The US Dollar has surged by 147 pips or 1.67% against the Swiss Franc since January 6. The currency pair tested the 200– period simple moving average at 0.8910 during yesterday's trading session.
Everything being equal, the exchange rate could continue to trend bullish during the following trading sessions. The potential target for bulls would be near the 0.9000 level.
However, if a resistance cluster at the 0.8910 area holds, the USD/CHF currency exchange rate could make a brief pullback towards the weekly PP at 0.8830 within this week's trading sessions.