| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Buy | Sell | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Neutral | Sell | Sell |
| SAR(0.02;0.2) | Buy | Buy | Sell |
| Aggregate | ⇗ | ⇒ | ⇘ |
The AUD/CAD currency pair has been trading upwards since the end of March within the rising wedge pattern.
From a theoretical point of view, it is likely that the exchange rate could go upwards within the given pattern until the middle of April. Then, a breakout south could occur.
On the other hand, note that the currency pair is pressured by the 55– and 100-hour SMAs near 0.8660. Thus, a breakout south could occur in the nearest future. In this case the pair could re-test the psychological level at 0.8100.