Positions | Today | Yesterday | Change |
---|---|---|---|
Longs | 71% | 72% | -1.0% |
Shorts | 29% | 28% | 2.6% |
Indicator | 4H | 1D | 1W |
MACD(12;26;9) | Buy | Sell | Sell |
RSI(14) | Neutral | Neutral | Buy |
Stochastic(5;3;3) | Neutral | Neutral | Neutral |
Alligator(13;8;5) | Neutral | Sell | Sell |
SAR(0.02;0.2) | Sell | Buy | Sell |
Aggregate | ⇒ | ⇒ | ⇘ |
The New Zealand Dollar declined by 126 basis points or 2.09% in value against the US Dollar. The currency pair breached the 50– and 100– hour SMAs during yesterday's trading session.
Currently, the exchange rate is testing a support level formed by the 200– hour simple moving average at 0.5867.
If the support level holds, the NZD/USD pair will most a slight upside movement within this session.
However, if the currency exchange rate breaks the 200– hour SMA, a decline towards the 0.5800 area could be expected today.