| Indicator | 1D | 1W | 1M |
| 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 Australian Dollar is losing value against the New Zealand Dollar in a medium-term descending channel that formed in result of a breakout from the larger rising wedge formation.
Theoretically, the pair should continue moving to the south until it reaches the bottom trend-line of a dominant ascending channel.
However, this time this scenario is unlikely to materialize, as the rate will need to bypass combined support formed by the 50% Fibonacci retracement level and the 200-hour SMA.
In support of this assumption, there is a need to take into account that majority of traders remain bullish on the pair. Moreover, a separate outlook both on Aussie and Kiwi is also in favor of the general upward movement. Finally, the aggregate of technical indicators in weekly and monthly perspective also points out on the upcoming rebound.