| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Buy | Sell | Sell |
| RSI (14) | Neutral | Neutral | Neutral |
| Stochastic (5; 3) | Neutral | Neutral | Neutral |
| Alligator (13; 8; 5) | Buy | Neutral | Sell |
| SAR (0.02; 0.2) | Buy | Buy | Sell |
| Aggregate | ⇗ | ⇒ | ⇘ |
AUD/NZD has been moving in a long-term channel down valid since October, 2017. During the past few weeks, the pair was gradually moving lower down to the bottom boundary of this senior pattern.
The market sentiment changed rapidly when the pair reached a long-term trend-line near 1.05, as it reversed from the channel line and accelerated in a steep upward movement.
The Australian Dollar is currently supported by the 100-hour SMA and a junior channel circa 1.0630. It seems that the given currency might continue appreciating this week with the expected upside target being the senior channel and the monthly R1 near 1.0760.
The rate is likely to edge lower for a brief period of time during the first part of the week in response to slight bearish pressure. This fall, however, should not be significant, thus setting the 200-hour SMA and the weekly S1 near 1.0570 as a possible target.