| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Buy | Sell | Sell |
| RSI (14) | Neutral | Neutral | Buy |
| Stochastic (5; 3) | Buy | Neutral | Neutral |
| Alligator (13; 8; 5) | Neutral | Sell | Sell |
| SAR (0.02; 0.2) | Sell | Buy | Sell |
| Aggregate | ⇗ | ⇘ | ⇒ |
The Australian Dollar has been moving in a five-month descending channel pattern against the New Zealand Dollar. The currency pair reversed from the upper boundary of a dominant descending channel at 1.1150 on August 7 and followed by downside wave.
As for the short-term future, it is likely that the currency exchange rate will aim at the lower boundary of the dominant descending channel pattern at 1.0386 during the following trading session.
However, a support level formed by a swing low at 1.0440 could hinder the AUD/NZD exchange rate from falling.