| 4H | 1D | 1W | |
|---|---|---|---|
| MACD(12;26;9) | Sell | Sell | Sell |
| RSI(14) | Neutral | Buy | Buy |
| Stochastic(5;3;3) | Neutral | Buy | Buy |
| Alligator(13;8;5) | Sell | Sell | Sell |
| SAR(0.02;0.2) | Sell | Sell | Sell |
| Aggregate | ⇘ | ⇒ | ⇒ |
Since September, the USD/ILS exchange rate has been trading downwards within a falling wedge pattern.
From a theoretical perspective, it is likely that the currency pair could continue to decline within the predetermined pattern in the medium term.
In the meantime, note that the pair is pressured by the 55-, 100– and 200-period moving averages in the 3.3030/3.3660 range. Thus, a breakout south could occur and the rate could drop to the 3.1000 level.