| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Buy | Buy | Buy |
| RSI (14) | Neutral | Sell | Sell |
| Stochastic (5; 3) | Neutral | Sell | Sell |
| Alligator (13; 8; 5) | Buy | Buy | Buy |
| SAR (0.02; 0.2) | Buy | Buy | Buy |
| Aggregate | ⇒ | ⇒ | ⇘ |
EUR/NZD has formed a medium-term ascending channel. The Euro was appreciating against the Kiwi during the second half of August when it was abruptly halted by the weekly R1 at 1.66.
Currently, the pair has returned back to the weekly R1, demonstrating reluctance to edge any higher. The strength of the up-trend has likewise diminished, suggesting that a fall may be due later in this session or early next week.
The pair is supported by the 55– and 10-hour SMA near 1.6550, while a more probable downside target could be set at the 200-hour SMA.