| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Sell | Buy | Buy |
| RSI (14) | Neutral | Neutral | Sell |
| Stochastic (5; 3) | Buy | Sell | Sell |
| Alligator (13; 8; 5) | Sell | Neutral | Buy |
| SAR (0.02; 0.2) | Buy | Sell | Buy |
| Aggregate | ⇒ | ⇒ | ⇒ |
The common European currency recently met with the support of a strong support cluster against the Swiss Franc. The encounters resulted in a rebound, which has passed the resistance of the 200-period SMA, which has begun to provide support.
However, additional gains are most likely going to be limited in the short term. The reason for that is the fact that near the 1.1480 mark a strong resistance cluster is located at. The cluster consists of the weekly and monthly pivot points and the 55 and 100-period simple moving averages.
Due to that reason it can be expected that the pair will retreat after encountering the just mentioned cluster.