| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Buy | Buy | Buy |
| RSI (14) | Sell | Neutral | Neutral |
| Stochastic (5; 3) | Sell | Sell | Sell |
| Alligator (13; 8; 5) | Buy | Buy | Buy |
| SAR (0.02; 0.2) | Buy | Buy | Sell |
| Aggregate | ⇒ | ⇗ | ⇒ |
The EUR/ NZD exchange rate has been guided by a long and medium term ascending channels.
After reaching the 61.80% Fibonacci retracement level, the common European currency began to surge. This retracement can be measured by connecting the January 12 low at 1.6545 and the December high at 1.7492.
Technical indicators demonstrate that the rate could continue to trade north during the following sessions. The nearest resistance is provided by the weekly R1 at 1.711.