AUD/NZD 4H Chart: Near Broken Trend Line

Note: This section contains information in English only.
Source: Dukascopy Bank SA

Indicator 4H 1D 1W
MACD (12; 26; 9) Sell Buy Buy
RSI (14) Neutral Neutral Neutral
Stochastic (5; 3) Sell Sell Sell
Alligator (13; 8; 5) Sell Buy Buy
SAR (0.02; 0.2) Sell Buy Buy
Aggregate

The situation on the AUD/NZD charts is quite rare. The pair has broken the resistance of a massive scale triangle pattern. The break out occurred in the borders of a dominant channel up pattern, which is set to guide the rate higher in the long term. 

Meanwhile, in regards to the smaller scale situation, the pair has retreated in an almost obsolete channel down pattern in the borders of the channel up pattern. The channel down is set to be broken because of the support of the ascending channel. 

In addition the situation is complicated by the still active resistance of the triangle pattern near the 1.1150 mark.

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