| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Buy | Buy | Buy |
| RSI (14) | Sell | Neutral | Neutral |
| Stochastic (5; 3) | Sell | Sell | Sell |
| Alligator (13; 8; 5) | Buy | Buy | Buy |
| SAR (0.02; 0.2) | Buy | Sell | Buy |
| Aggregate | ⇒ | ⇒ | ⇒ |
The Euro is surging in a very steep angle against the New Zealand Dollar. The surge began, as the support of a channel up pattern was strong enough to force the pair higher. In addition, the appreciation of the Euro against the Kiwi does not seem to slow down almost at all, when it faces various resistance levels.
Most recently the pair slowed down the surge to find more support in the weekly R2 at the 1.7048 mark. The next target for the rate in the case of a surge should be the 1.72 mark, where the weekly R3 is providing resistance.
Most likely that level will be reached soon, as even the speculative ascending patterns do not provide resistance below 1.72 level.