| 4H | 1D | 1W | |
|---|---|---|---|
| MACD(12;26;9) | Sell | Buy | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Sell | Buy | Buy |
| SAR(0.02;0.2) | Sell | Sell | Buy |
| Aggregate | ⇘ | ⇒ | ⇗ |
Since November, the EUR/CHF exchange rate has been trading within a rising wedge pattern.
From a theoretical perspective, it is likely that the currency pair could continue to follow the predetermined pattern until the beginning of February. Then, a breakout south could occur.
Meanwhile, note that the exchange rate is pressured by the 55-, 100– and 200-period moving averages. Thus, a breakout south could occur sooner, and the rate could decline to the 1.0740 mark.