| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Buy | Sell | Buy |
| RSI (14) | Neutral | Neutral | Neutral |
| Stochastic (5; 3) | Sell | Sell | Neutral |
| Alligator (13; 8; 5) | Buy | Sell | Buy |
| SAR (0.02; 0.2) | Buy | Buy | Sell |
| Aggregate | ⇒ | ⇘ | ⇗ |
The common European currency has reached a dominant support line against the New Zealand Dollar. The encounter has resulted in a rebound.
The rebound, in accordance with the most dominant pattern should result in a surge of more than a couple of months. The reason for that is the fact that this rebound marks the end of a long term descent, which was expected and described in previous reviews of the currency exchange rate.
Regarding the short them traders should watch, as the pair should soon review a new medium term pattern, which is likely going to be an ascending one.