| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 32% | 31% | 3.8% |
| Shorts | 68% | 69% | -1.8% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Buy | Buy |
| RSI(14) | Neutral | Neutral | Sell |
| Stochastic(5;3;3) | Neutral | Sell | Neutral |
| Alligator(13;8;5) | Buy | Buy | Buy |
| SAR(0.02;0.2) | Buy | Buy | Buy |
| Aggregate | ⇗ | ⇗ | ⇗ |
[ANNOUNCE]The New Zealand Dollar declined by 30 pips or 0.42% against the US Dollar on Tuesday. The decline was stopped by the 50– hour simple moving average during yesterday's trading session.
[/ANNOUNCE]
Currently, the exchange rate is trading near the lower line if an ascending channel pattern and could be set for a breakout.
If the breakout occurs, a decline towards the 100– hour SMA at 0.7200 could be expected today.
However, if the ascending channel holds, buyers could target the 0.7280 level during the following trading session.