Positions | Today | Yesterday | Change |
Longs | 48% | 55% | -14.8% |
Shorts | 52% | 45% | 13.7% |
Indicator | 4H | 1D | 1W |
MACD(12;26;9) | Buy | Sell | Buy |
RSI(14) | Neutral | Neutral | Neutral |
Stochastic(5;3;3) | Neutral | Neutral | Neutral |
Alligator(13;8;5) | Buy | Neutral | Buy |
SAR(0.02;0.2) | Buy | Sell | Buy |
Aggregate | ⇗ | ⇘ | ⇗ |
The New Zealand Dollar depreciated about 58 base points against the US Dollar on Wednesday. The decline was stopped by a support level formed by the weekly pivot point at 0.6795.
Today's session began with an upward movement.
The currency pair tested the upper boundary of a junior descending channel pattern at 0.6840 during the middle of the day.
It is likely that the NZD/USD currency exchange rate decline towards a hidden base of 0.6768.
Traders are advised to look for opportunities to trade if the hidden base of 0.6768 holds.