| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Buy | Sell | Sell |
| RSI(14) | Sell | Neutral | Buy |
| Stochastic(5;3;3) | Neutral | Neutral | Buy |
| Alligator(13;8;5) | Buy | Sell | Sell |
| SAR(0.02;0.2) | Buy | Buy | Sell |
| Aggregate | ⇗ | ⇒ | ⇒ |
The EUR/CHF currency pair has been trading within the descending channel since the beginning of March.
From a theoretical pair of view, the exchange rate could continue to trade within the given channel until the second half of April. Note that the rate could reach the lower boundary of the long-term descending channel (1D time-frame chart) located in the 1.0450.
However, note that the currency pair is supported by the 55-, 10– and 200-hour moving averages, currently located in the 1.0560/1.0590 area. Thus, some upside potential could prevail in the market, and the pair could raise to the monthly R1 at 1.0726.