| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 37% | 40% | -10.3% |
| Shorts | 63% | 60% | 5.9% |
| 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 declined by 71 basis points or 1.14% against the US Dollar on Wednesday. The decline was stopped by the 50– hour simple moving average during Wednesday's trading session.
The exchange rate made a U-turn from the weekly resistance level at 0.6193 during the London session on Thursday. Most likely, the NZD/USD currency pair will continue to decline today. The potential target would be near the 100– hour SMA at 0.6143.
However, technical indicators suggest buying signals on the daily time-frame chart.