| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Buy | Buy | Buy |
| RSI (14) | Neutral | Neutral | Neutral |
| Stochastic (5; 3) | Sell | Sell | Sell |
| Alligator (13; 8; 5) | Buy | Buy | Buy |
| SAR (0.02; 0.2) | Buy | Buy | Buy |
| Aggregate | ⇒ | ⇒ | ⇒ |
The Euro recently met the upper trend line of a medium scale channel down pattern against the Australian Dollar. Due to that reason the pair is expected to decline.
In general, the currency exchange rate is set to decline down to the lower trend line of a dominant channel up pattern.
However, if one looks closely it is highly more likely that the pair will be first hindered by the 55 and 100-period SMAs. Afterwards the pair should reach for a support cluster near the 1.5550 mark. An even more dominant support will be expecting there .