Indicator | 4H | 1D | 1W |
MACD (12; 26; 9) | Buy | Buy | Buy |
RSI (14) | Neutral | Neutral | Neutral |
Stochastic (5; 3) | Sell | Sell | Sell |
Alligator (13; 8; 5) | Neutral | Buy | Buy |
SAR (0.02; 0.2) | Buy | Buy | Buy |
Aggregate | ⇒ | ⇒ | ⇒ |
The US Dollar recently broke a resistance level of a previously active channel down pattern against the Swiss Franc. However, the currency rate recently retreated after revealing a possible channel up pattern.
In regards to the near future, it can be expected that the pair will remain rather neutral. That is due to the fact that it should reach the lower trend line of the speculated pattern, but it faces a strong support level near the 0.99 mark.
After the trend line would be confirmed, the currency pair would begin a surge.