Indicator | 1D | 1W | 1MN |
MACD (12; 26; 9) | Sell | Sell | Buy |
RSI (14) | Neutral | Neutral | Neutral |
Stochastic (5; 3) | Sell | Sell | Buy |
Alligator (13; 8; 5) | Sell | Neutral | Neutral |
SAR (0.02; 0.2) | Buy | Sell | Buy |
Aggregate | ⇘ | ⇘ | ⇗ |
The two top risk off currencies have reached a critical level on the daily chart one against another. The pair recently bounced off the lower trend line a dominant pattern and moved to the resistance of a junior channel down.
The resistance is strengthened by various additional resistance levels near the 114.50 mark. Due to that reason a decline down in the future can be expected. However, downwards there are set to be various support levels before the pair reaches it eventual target near the 113.35 level.
At that level the dominant patterns support line is located with other weekly and monthly support levels.