| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Sell | Buy | Buy |
| RSI (14) | Neutral | Neutral | Neutral |
| Stochastic (5; 3) | Neutral | Neutral | Neutral |
| Alligator (13; 8; 5) | Neutral | Neutral | Buy |
| SAR (0.02; 0.2) | Buy | Sell | Buy |
| Aggregate | ⇒ | ⇒ | ⇒ |
The Australian Dollar began to depreciate against the New Zealand Dollar after reaching the upper boundary of a dominant ascending channel in early August. During this short period of decline, the currency pair fell by 2.41%.
During the morning hours on Tuesday, the exchange rate was stranded between a resistance cluster formed by the combination of the weekly and the monthly pivot points near 1.0983 above, while the 200-hour simple moving average was providing support for the rate below.
Everything being equal, a breakout from the barrier mentioned above could be expected within this session. Meanwhile, technical indicators flash mixed signals.