| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Sell | Buy | Buy |
| RSI (14) | Neutral | Neutral | Sell |
| Stochastic (5; 3) | Sell | Sell | Buy |
| Alligator (13; 8; 5) | Sell | Buy | Buy |
| SAR (0.02; 0.2) | Sell | Buy | Buy |
| Aggregate | ⇘ | ⇒ | ⇒ |
The common European currency is appreciating against the Hong Kong Dollar simultaneously in two ascending channels. The latest pattern represents a rebound of the currency exchange rate from the upper edge of the dominant channel, which was supported by the 23.60% Fibonacci retracement level at the 8.7822 level. The relevant Fibonacci retracement levels pair are measured by connecting the 2016 high and 2017 low levels. At the end of the previous trading week the pair has bounced off from the bottom line of the senior channel and now is trying once again to break the abovementioned retracement level. If the strength of the dominant channel prevails, the rate most likely will succeed to break through this barrier. In contrast, if the resistance level prevails, then the senior channel would be broken and the pair would sink to the 38.20% retracement level at 8.6377.