| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Buy | Sell | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Sell | Neutral | Buy |
| Alligator(13;8;5) | Buy | Sell | Buy |
| SAR(0.02;0.2) | Buy | Sell | Sell |
| Aggregate | ⇗ | ⇘ | ⇗ |
The Australian Dollar has declined by 1.14% against the New Zealand Dollar since last week's trading sessions. The AUD/NZD currency pair breached the 50– and 100– period SMAs last week.
All things being equal, the exchange rate is likely to continue to edge lower during the following trading sessions. A breakout through the lower boundary of an ascending channel pattern could occur.
However, if the channel pattern holds, bullish traders could pressure the currency exchange rate higher this week.