| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 61% | 64% | -4.2% |
| Shorts | 39% | 36% | 6.5% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Buy | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Buy | Buy | Sell |
| SAR(0.02;0.2) | Sell | Buy | Buy |
| Aggregate | ⇒ | ⇗ | ⇒ |
The New Zealand Dollar appreciated about 34 basis points against the US Dollar on Monday. The currency pair breached both the 50-, 100– and 200– hour SMAs during the previous trading session.
As for the near future, the NZD/USD exchange rate is likely to continue gaining strength. The possible target for the pair will be near the weekly R2 at the 0.6461 area.
However, a resistance level formed by the weekly R1 at 0.6431 could hinder such movement during the following trading session.