| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Buy | Sell | Buy |
| RSI (14) | Neutral | Neutral | Neutral |
| Stochastic (5; 3) | Sell | Sell | Sell |
| Alligator (13; 8; 5) | Buy | Neutral | Buy |
| SAR (0.02; 0.2) | Buy | Buy | Sell |
| Aggregate | ⇗ | ⇒ | ⇒ |
The US Dollar continued to decline against the Turkish Lira since the breakout occurred in early December 2017 as expected, due to the rate being clutched from both sides.
In the four-hour time frame, the pair breached the Fibonacci retracement level of 38.8% and slowly moved north. The retracement can be measured by connecting the high of 3.97 with the September 2017 low level of 3.39, where the 0.00% is the high of November 2017 and 100.00% the September low.
Furthermore, the pair might continue trading downward because of a weekly pivot point level of 3.83 combined with Fibo level of 23.60% and the 200-hour simple moving average which are providing resistance.