NZD/USD trade sideways

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

 Positions Today Yesterday Change
 Longs 51% 47% 7.8%
 Shorts 49% 53% -8.2%
       
 Indicator 4H 1D 1W
 MACD(12;26;9) Sell Sell Buy
 RSI(14) Sell Neutral Neutral
 Stochastic(5;3;3) Neutral Buy Neutral
 Alligator(13;8;5) Neutral Sell Buy
 SAR(0.02;0.2) Buy Sell Buy
 Aggregate

The New Zealand Dollar traded with low volatility against the US Dollar on Tuesday. The 50-hour simple moving average provided support for the currency pair at 0.6886 during yesterday's session.

Everything being equal, it is likely that the exchange rate edges lower towards a support cluster formed by the 100– and 200—hour simple moving averages at 0.6854 within this session. 

However, technical indicators demonstrate otherwise. Technical sentiment continues to flash buy signals on both the smaller and the larger time frames chart.

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