| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Buy | Buy | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Neutral | Buy | Sell |
| SAR(0.02;0.2) | Sell | Buy | Buy |
| Aggregate | ⇒ | ⇗ | ⇒ |
The EUR/CHF currency pair failed to decline below the monthly S1 at 1.0518. Last Monday, the pair skyrocketed to the monthly R1 at 1.0632.
It is likely that the exchange rate could gain support from the 200-hour SMA near 1.0570 and trade upwards in the nearest future. In this case the rate could face the resistance level—the monthly R2 at 1.0685.
Meanwhile, note that the currency pair is pressured by the 55– and 100-hour SMAs near 1.0600. Thus, some downside potential could prevail in the market. If the monthly S1 holds, it is likely that the pair could consolidate in the medium term.