| Indicator | 4H | 1D | 1W |
| 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) | Buy | Sell | Buy |
| Aggregate | ⇘ | ⇒ | ⇗ |
The common European currency has recently been volatile against the Australian Dollar in a set range. The range is located from the 1.4980 level down to the 1.4850 mark.
The reason is the fact that the support line of the medium term trend has held its ground together with the 200-period SMA and forced the currency exchange rate into a strong but rather dispersed resistance cluster from 1.4935 to 1.4980.
In general there are two possible short term scenarios. Either the pair will break to the upside or retreat. In the case of a surge the 1.5085 mark will be targeted next. If the rate falls, below the medium term trend line, the 1.4780 level will provide support.