| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Sell | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Sell | Sell | Sell |
| SAR(0.02;0.2) | Sell | Buy | Buy |
| Aggregate | ⇘ | ⇒ | ⇒ |
[ANNOUNCE] The AUD/NZD currency pair has been trading within the descending channel since the beginning of January. [/ANNOUNCE]
Given that the exchange rate is being pressured by the 55-, 100– and 200-hour SMAs, it is likely that some downside potential prevails in the nearest future. It is expected that the pair targets the lower channel line located in the 1.0250/1.0300 range.
However, the exchange rate has to surpass the weekly S1 at 1.0371. If given support level holds, a reversal north occurs within following sessions.