Positions | Today | Yesterday | Change |
---|---|---|---|
Longs | 35% | 26% | 25.5% |
Shorts | 65% | 74% | -13.5% |
Indicator | 4H | 1D | 1W |
MACD(12;26;9) | Sell | Buy | Buy |
RSI(14) | Neutral | Neutral | Sell |
Stochastic(5;3;3) | Buy | Buy | Sell |
Alligator(13;8;5) | Sell | Buy | Buy |
SAR(0.02;0.2) | Sell | Sell | Buy |
Aggregate | ⇘ | ⇗ | ⇒ |
Downside momentum pressured the New Zealand Dollar against the US Dollar on Friday. The NZD/USD exchange rate declined by 145 pips or 1.97% during Friday's trading session.
Given that a breakout had occurred through the lower boundary of an ascending channel pattern, sellers might pressure the currency pair lower during the following trading session.
However, a support line at the 0.7200 level could provide support for the currency exchange rate within this session.