| 4H | 1D | 1W | |
|---|---|---|---|
| MACD(12;26;9) | Sell | Buy | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Sell | Buy | Neutral |
| SAR(0.02;0.2) | Sell | Sell | Sell |
| Aggregate | ⇘ | ⇒ | ⇘ |
The NZD/CHF exchange rate has been declining within a falling wedge pattern since the beginning of September.
From a theoretical perspective, it is likely that the currency pair could trade downwards within the given pattern within the following trading sessions. Then, a breakout north could occur.
Meanwhile, note that the exchange rate is pressured by the 55-period moving average near 0.6120. Thus, some downside potential could prevail in the market.