Positions | Today | Yesterday | Change |
---|---|---|---|
Longs | 47% | 46% | 2.0% |
Shorts | 53% | 54% | -1.8% |
Indicator | 4H | 1D | 1W |
MACD(12;26;9) | Buy | Buy | Sell |
RSI(14) | Neutral | Neutral | Neutral |
Stochastic(5;3;3) | Neutral | Neutral | Neutral |
Alligator(13;8;5) | Buy | Buy | Sell |
SAR(0.02;0.2) | Buy | Sell | Buy |
Aggregate | ⇗ | ⇒ | ⇒ |
The New Zealand Dollar surged by 69 pips or 1.13% against the US Dollar on Wednesday. The currency pair bounced off the weekly R1 at 0.6082 during Wednesday's trading session.
A breakout occurred through the lower boundary of a narrow ascending channel pattern at 0.6130 on Thursday morning.
Given that a breakout had occurred, the NZD/USD exchange rate could edge lower within this session.
However, the support line at 0.6082 could provide support for the currency exchange rate today.