| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Sell | Buy | Sell |
| RSI (14) | Neutral | Neutral | Neutral |
| Stochastic (5; 3) | Neutral | Neutral | Neutral |
| Alligator (13; 8; 5) | Sell | Buy | Sell |
| SAR (0.02; 0.2) | Sell | Buy | Buy |
| Aggregate | ⇘ | ⇗ | ⇒ |
The Australian Dollar has been trading in a medium-scale triangle pattern against the New Zealand Dollar.
After reaching the 23.60% Fibonacci retracement level, the currency pair began to depreciate. As a result, a breakout had occurred through the lower boundary of the medium-scale triangle. This retracement can be measured by connecting the low at 1.04 and the high at 1.08.
Given that the AUD/NZD exchange rate has also breached the 100– hour simple moving average, the nearest target for the pair could be a strong support cluster set by the combination of the weekly and the monthly PPs and the 200– hour SMA near the 1.06 regions.