| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Sell | Sell | Sell |
| RSI (14) | Neutral | Neutral | Neutral |
| Stochastic (5; 3) | Sell | Buy | Sell |
| Alligator (13; 8; 5) | Neutral | Sell | Sell |
| SAR (0.02; 0.2) | Buy | Sell | Sell |
| Aggregate | ⇘ | ⇒ | ⇒ |
The Australian Dollar is trading against its Canadian counterpart in a little symmetrical triangle that formed in result of volatility caused by central bankers' meeting in both countries.
Due to support provided by the 100% Fibonacci retracement level at 0.9646, the pair is expected to make a breakout to the top.
However, the surge is unlikely to be halted by a combination of the 55- and 100-hour SMAs.
Nevertheless, in larger perspective advance of the Aussie is expected to continue, as the currency rate has recently made a rebound from the lower support line of the long-term falling wedge formation. In that case the pair will tend to return to the pre-fall 0.9765 level, which simultaneously represents the monthly PP.