| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Buy | Buy | Sell |
| RSI (14) | Sell | Sell | Neutral |
| Stochastic (5; 3) | Sell | Sell | Sell |
| Alligator (13; 8; 5) | Buy | Buy | Neutral |
| SAR (0.02; 0.2) | Buy | Buy | Buy |
| Aggregate | ⇒ | ⇒ | ⇒ |
The bullish momentum that began mid-February has guided the USD/CHF exchange rate towards the upper boundary of a dominant ascending channel. This mark 8.59% increase in price during the last two months. The currency pair has breached a resistance formed by the monthly pivot point at 0.9952.
It seems that this may indicate a continuous move north that might be expected within the following trading days. The next barrier that might hinder the Buck from gaining further strength is located near 1.0045 which is a resistance cluster set by the combination of the weekly R1 and the monthly R2.
In the meantime, technical indicators favour bulls to control the market within this session. However, a corrective move south is very likely before the aforementioned target could be fulfilled.