Positions | Today | Yesterday | Change |
---|---|---|---|
Longs | 44% | 47% | -6.8% |
Shorts | 56% | 53% | 5.3% |
Indicator | 4H | 1D | 1W |
MACD(12;26;9) | Buy | Buy | Sell |
RSI(14) | Neutral | Neutral | Neutral |
Stochastic(5;3;3) | Neutral | Sell | Neutral |
Alligator(13;8;5) | Buy | Buy | Sell |
SAR(0.02;0.2) | Sell | Buy | Buy |
Aggregate | ⇒ | ⇗ | ⇒ |
The New Zealand Dollar has declined by 50 basis points or 0.82% against the US Dollar on since Thursday's trading session. The 50– hour SMA pressured the currency pair lower.
Everything being equal, the NZD/USD exchange rate could decline within this session. The possible target for bearish traders would be near a support cluster at 0.6048.
However, the weekly R1 and the 100– hour simple moving average at 0.6082 could provide support for the currency exchange rate during the following trading session.