| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Buy | Sell | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Sell | Neutral | Buy |
| Alligator(13;8;5) | Buy | Sell | Buy |
| SAR(0.02;0.2) | Buy | Sell | Sell |
| Aggregate | ⇗ | ⇘ | ⇗ |
[ANNOUNCE]The Australian Dollar has declined by 1.14% against the New Zealand Dollar since last week's trading sessions. The AUD/NZD currency pair breached the 50– and 100– period SMAs last week.[/ANNOUNCE]
All things being equal, the exchange rate is likely to continue to edge lower during the following trading sessions. A breakout through the lower boundary of an ascending channel pattern could occur.
However, if the channel pattern holds, bullish traders could pressure the currency exchange rate higher this week.