| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Buy | Buy | Buy |
| RSI (14) | Neutral | Neutral | Neutral |
| Stochastic (5; 3) | Sell | Sell | Sell |
| Alligator (13; 8; 5) | Buy | Buy | Buy |
| SAR (0.02; 0.2) | Buy | Buy | Buy |
| Aggregate | ⇗ | ⇗ | ⇗ |
As one can observe on the charts, the previously active short term and narrow range channel was broken. The move was expected due to the fact that the channel was simply too narrow for it to guide the currency exchange rate in the medium term.
Recently a rebound occurred, which confirmed the borders of the medium term channel up pattern that should guide the pair for somewhere near a month.
Meanwhile, the rebound seems to be revealing another narrow channel up pattern, which is set to guide the currency pair up to the 1.7345 mark, where the weekly R1 is located at.