NZD/USD stranded between SMAs

Note: This section contains information in English only.
Source: Dukascopy Bank SA

Positions Today Yesterday % Change
Longs 54% 57% -5.56%
Shorts 46% 43% 6.52%
Indicator 4H 1D 1W
MACD (12; 26; 9) Sell Buy Sell
RSI (14) Neutral Neutral Neutral
Stochastic (5; 3; 3) Neutral Buy Sell
Alligator (13; 8; 5) Sell Buy Neutral
SAR (0.02; 0.2) Buy Sell Buy
Aggregate

The New Zealand Dollar depreciated about 51 base points against the US Dollar on Friday. The currency pair revealed a new junior descending channel during the end of the previous trading session. 

However, today's session begins with a strong bullish momentum, and by the middle of the trading day, the exchange rate has regained 64 base points of its lost positions.

As for the near future, it is likely that the NZD/USD currency exchange rate makes a brief retracement down towards last week swing low of 0.6860 within the following trading hours.

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