| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Buy | Buy | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Sell | Neutral | Neutral |
| Alligator(13;8;5) | Buy | Buy | Neutral |
| SAR(0.02;0.2) | Buy | Buy | Buy |
| Aggregate | ⇗ | ⇗ | ⇒ |
The US Dollar has been appreciating against the Swiss Franc within the ascending channel since the beginning of September. Currently, the USD/CHF currency pair is trading at the 0.9980.
If the given channel holds, it is likely that the exchange rate could continue to extend gains within this pattern in the nearest future. Note that the rate would have to surpass the monthly R1 located at the 1.0047.
If the given resistance level holds, it is likely that the currency pair could breach the given channel south. In this case the rate could face support of the Fibonacci 61.80% retracement and the monthly S1, located at 0.9881 and 0.9857 respectively.