| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Sell | Sell | Buy |
| RSI (14) | Buy | Buy | Neutral |
| Stochastic (5; 3) | Buy | Buy | Buy |
| Alligator (13; 8; 5) | Sell | Sell | Buy |
| SAR (0.02; 0.2) | Sell | Sell | Sell |
| Aggregate | ⇒ | ⇒ | ⇗ |
The USD/ILS exchange rate breached the long-term ascending channel south at the end of January.
As apparent on the chart, the pair is targeting the support level formed by the Fibonacci 38.20% retracement at 3.5968. If given support holds, it is expected that a reversal north occurs within following sessions. A possible upside target is the psychological level at 3.7000.
If given support does not hold, it is expected that the exchange rate continues to go downside towards the Fibonacci 50.00% retracement at 3.5565.