| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Sell | Buy | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Sell | Buy | Sell |
| SAR(0.02;0.2) | Sell | Sell | Buy |
| Aggregate | ⇘ | ⇒ | ⇒ |
[ANNOUNCE]The common European currency has declined by 1.79% against the New Zealand Dollar since March 24. The decline was stopped by the 200– period SMA during yesterday's trading sessions.[/ANNOUNCE]
Everything being equal, the exchange rate could continue to edge lower during the following trading sessions. The potential target for the EUR/NZD pair will be near the 1.6500 level.
However, the 200– period simple moving average at 1.6666 could still provide support for the currency exchange rate this week.