Positions | Today | Yesterday | % Change | |
Longs | 56% | 59% | -5.36% | |
Shorts | 44% | 41% | 6.82% | |
Indicator | 4H | 1D | 1W | |
MACD (12; 26; 9) | Sell | Sell | Sell | |
RSI (14) | Neutral | Buy | Buy | |
Stochastic (5; 3; 3) | Neutral | Neutral | Buy | |
Alligator (13; 8; 5) | Neutral | Sell | Sell | |
SAR (0.02; 0.2) | Buy | Sell | Sell | |
Aggregate | ⇒ | ⇘ | ⇒ |
Bullish momentum primarily guided the New Zealand Dollar against the US Dollar on Thursday. The currency pair strengthens its position during the end of yesterday trading session. By the middle of Friday's session, the exchanged rate has tested a one-week resistance level at 0.6608. Furthermore, the 100-hour simple moving average was providing support for the pair at 0.6579. By and large, it is likely that the NZD/USD currency exchange rate continues its northern journey during the following trading session until it breaks the newly formed junior ascending channel.