| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Buy | Buy | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Buy | Neutral | Neutral |
| Alligator(13;8;5) | Neutral | Buy | Sell |
| SAR(0.02;0.2) | Sell | Buy | Sell |
| Aggregate | ⇒ | ⇗ | ⇘ |
The NZD/CAD exchange rate has been trading within an ascending triangle pattern since the end of March.
Note that the currency pair is pressured by the 55-, 100– and 200-hour moving averages near 0.8470. Thus, the pair could breach the given pattern south within the following trading sessions. In this case the pair could decline to the psychological level at 0.8100.
On the other hand, the exchange rate could gain support from the Fibo 23.60% at 0.8442 and trade upwards in the nearest future. Note that the rate would have to surpass the Fibo 38.20% at 0.8648.