Positions | Today | Yesterday | % Change | |
Longs | 66% | 58% | 12.12% | |
Shorts | 34% | 42% | -23.53% | |
Indicator | 4H | 1D | 1W | |
MACD (12; 26; 9) | Buy | Buy | Sell | |
RSI (14) | Neutral | Sell | Neutral | |
Stochastic (5; 3; 3) | Neutral | Neutral | Sell | |
Alligator (13; 8; 5) | Neutral | Buy | Neutral | |
SAR (0.02; 0.2) | Sell | Buy | Buy | |
Aggregate | ⇒ | ⇗ | ⇒ |
The New Zealand Dollar appreciated by about 73 base points against the US Dollar on Wednesday.
Today's trading session begins with a bearish momentum, and by the middle of the day, a breakout through the lower boundary of an ascending trendline at 0.6802 had occurred.
Given that a breakout had occurred, the decline of the currency exchange rate is likely to continue within this session and potentially target a support level formed by the weekly S1 at 0.6765 today.