| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Sell | Buy | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Sell |
| Alligator(13;8;5) | Sell | Buy | Buy |
| SAR(0.02;0.2) | Buy | Sell | Buy |
| Aggregate | ⇒ | ⇒ | ⇗ |
The New Zealand Dollar has been trading sideways against the Canadian Dollar since June 5. The currency pair consolidated between the 0.8800/0.8700 level during the past two weeks.
Technical indicators flash mixed signals on both the smaller and the larger time-frame charts. Therefore, the exchange rate could continue to trade sideways within next week's trading sessions.
On the other hand, a breakout could occur from the support level at 0.8719 during the following trading sessions.