| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 38% | 31% | 18.7% |
| Shorts | 62% | 69% | -11.5% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Buy | Buy |
| RSI(14) | Neutral | Sell | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Sell |
| Alligator(13;8;5) | Buy | Buy | Buy |
| SAR(0.02;0.2) | Sell | Buy | Buy |
| Aggregate | ⇒ | ⇗ | ⇗ |
The New Zealand Dollar surged by 34 points or 0.52% against the US Dollar on Friday. The 100– hour simple moving average guided the currency pair during Friday's trading session.
Today's session began with a bearish momentum, and by mid-day, a breakout occurred through the lower boundary of an ascending channel pattern.
Given that a breakout had occurred, a decline towards the 200– hour SMA at 0.6536 could be expected today.
However, technical indicators suggest that the currency exchange rate could continue to trade bullish within this session.