| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Buy | Sell | Sell |
| RSI (14) | Neutral | Neutral | Buy |
| Stochastic (5; 3) | Sell | Sell | Sell |
| Alligator (13; 8; 5) | Buy | Neutral | Sell |
| SAR (0.02; 0.2) | Buy | Buy | Sell |
| Aggregate | ⇒ | ⇓ | ⇘ |
The US Dollar is trading in an ascending wedge against the Polish Zloty. It might be assumed that the given pattern has reached its maturity that might result in a breakout this week.
Ascending wedge is a continuation pattern that should guide the pair southwards, breaching a support cluster formed by the 55– and 100-hour SMAs circa 3.6430. A possible downside target could be set near the 3.63 mark—a level reinforced by the 23.6% Fibonacci retracement, the 200-hour SMA and the weekly PP.
The aforementioned limit may likewise work as a reversal point after which the pair could make a retracement to the bottom wedge line. However, in case bears prevail, rate may fall down to the weekly S1 near 3.60.