| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Buy | Buy | Buy |
| RSI (14) | Neutral | Neutral | Neutral |
| Stochastic (5; 3) | Neutral | Neutral | Neutral |
| Alligator (13; 8; 5) | Neutral | Neutral | Neutral |
| SAR (0.02; 0.2) | Sell | Buy | Sell |
| Aggregate | ⇒ | ⇒ | ⇒ |
The New Zealand Dollar has been appreciating against the Swiss Franc since the beginning of January after the exchange rate reversed from the lower boundary of the medium-term descending channel at 0.6530.
As apparent on the chart, the currency pair is trading near the upper channel line located circa 0.6720. From a theoretical point of view, the rate should reverse south and target the lower channel line located in the 0.0635/0.6400 range.
If given channel does not hold, it is likely that a breakout north occurs in the nearest future. Potential upside target is the Fibonacci 61.80% retracement at 0.6822.