| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 72% | 71% | 1.1% |
| Shorts | 28% | 29% | -2.7% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Sell | Sell |
| RSI(14) | Neutral | Buy | Neutral |
| Stochastic(5;3;3) | Neutral | Buy | Buy |
| Alligator(13;8;5) | Sell | Sell | Sell |
| SAR(0.02;0.2) | Sell | Sell | Sell |
| Aggregate | ⇘ | ⇒ | ⇘ |
The New Zealand Dollar made a U-turn from a support level formed by the weekly S3 at 0.6360 during yesterday's trading session. As a result, the currency pair edged higher by about 0.50% in value.
Currently, the exchange rate is testing a resistance level formed by the 50– hour simple moving average at 0.6392.
The 50-hour SMA will likely hold its ground during the following trading session.
However, if the NZD/USD currency exchange rate passes the 50-hour SMA, most likely, the 100-hour moving average will provide resistance for the pair.