| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Buy | Sell | Sell |
| RSI(14) | Neutral | Neutral | Buy |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Buy | Sell | Sell |
| SAR(0.02;0.2) | Buy | Sell | Sell |
| Aggregate | ⇗ | ⇘ | ⇘ |
The US Dollar has been edging lower against the Swiss Franc since the past three months. The currency pair tested the 0.9000 level during last week's trading sessions.
As for the near future, the exchange rate is likely to continue to depreciate in the descending channel pattern. Bearish traders could target the 0.8900 level during the following trading sessions.
However, the weekly support level at 0.9028 could provide support for the USD/CHF currency exchange rate in the shorter term.