Indicator | 4H | 1D | 1W |
MACD (12; 26; 9) | Sell | Sell | Buy |
RSI (14) | Neutral | Neutral | Neutral |
Stochastic (5; 3) | Buy | Neutral | Sell |
Alligator (13; 8; 5) | Sell | Sell | Buy |
SAR (0.02; 0.2) | Buy | Sell | Buy |
Aggregate | ⇒ | ⇘ | ⇗ |
The US Dollar has broken the lower trend line of the previously active long term channel up pattern against the Swiss Franc. As a result of the move a massive channel up pattern has been marked.
Meanwhile, the most attention is given to the newly formed long term channel down pattern. Most recently the currency pair confirmed its lower trend line by doing a rebound against it.
Due to that reason a medium scale channel up pattern is expected to form in the near future. Although, the pair is first set to face various resistance levels near the 0.9850 mark.