| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 57% | 72% | -25.7% |
| Shorts | 43% | 28% | 34.7% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Sell | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Sell | Neutral | Sell |
| SAR(0.02;0.2) | Sell | Buy | Sell |
| Aggregate | ⇘ | ⇒ | ⇘ |
The New Zealand Dollar traded sideways movement against the US Dollar on Wednesday. The 50-hour simple moving average provided resistance for the pair during Wednesday's trading session.
Everything being equal, most likely, the NZD/USD currency pair will make some gain today. The potential target for bullish traders will be near the 100– and 200-hour SMAs at 0.6605.
On the other hand, if the currency exchange rate breaks the medium-term ascending channel pattern, the pair might end this week's trading sessions with a decline.