| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Sell | Sell | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Buy | Buy | Neutral |
| Alligator(13;8;5) | Sell | Sell | Neutral |
| SAR(0.02;0.2) | Sell | Sell | Sell |
| Aggregate | ⇘ | ⇘ | ⇘ |
The NZD/CHF exchange rate continued to trade downwards within the falling wedge pattern. Currently, the rate is testing the upper pattern line.
From a theoretical point of view, it is likely that the currency pair could trade downwards within the given pattern until the end of January. It is likely that a breakout north could occur at the beginning of February.
On the other hand, note that the exchange rate is pressured by the 55-, 100– and 200-hour moving averages, currently located in the 0.6400 area. Thus, a breakout south could occur in the nearest future, and the rate could decline the 0.6200 mark.