| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Buy | Buy | Buy |
| RSI (14) | Neutral | Neutral | Neutral |
| Stochastic (5; 3) | Neutral | Neutral | Neutral |
| Alligator (13; 8; 5) | Buy | Neutral | Buy |
| SAR (0.02; 0.2) | Buy | Buy | Sell |
| Aggregate | ⇗ | ⇒ | ⇒ |
The NZD/CAD currency pair has been trading between the monthly S1 at 0.9079 and the Fibonacci 38.20% retracement at 0.8948 since the beginning of January.
From a theoretical point of view, the general direction is expected to be south as the rate reversed from the upper boundary of the long-term descending channel at the beginning of December. Potential downside target is the psychological level at 0.8800.
However, if given Fibonacci retracement holds, it is likely that the pair continues to trade within above-mentioned cluster.