| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Sell | Sell | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Neutral | Neutral | Sell |
| SAR(0.02;0.2) | Buy | Buy | Sell |
| Aggregate | ⇒ | ⇒ | ⇘ |
The US Dollar has declined by 0.89% against the Swiss Franc since January 18. The currency pair tested the lower line of an ascending channel pattern at 0..8840 during last week's trading sessions.
Given that the exchange rate has bounced off the lower boundary of the ascending channel, bullish traders are likely to pressure the USD/CHF pair higher during this week's trading sessions.
However, the 50– period simple moving average at 0.8882 could provide resistance for the currency exchange rate this week.