NZD/USD reaches target

Source: Dukascopy Bank SA
PositionsTodayYesterdayChange
Longs51%43%16.8%
Shorts49%57%-17.7%
Indicator4H1D1W
MACD(12;26;9)SellBuySell
RSI(14)NeutralNeutralNeutral
Stochastic(5;3;3)NeutralBuyNeutral
Alligator(13;8;5)SellBuyNeutral
SAR(0.02;0.2)BuyBuyBuy
Aggregate

The New Zealand Dollar versus the US Dollar reached the given target at 0.6643, as predicted on Thursday. The currency pair was trading near a support cluster formed by the weekly and the monthly support levels during the following hours of today's trading session.

By and large, it is likely that the support cluster as mentioned earlier hold within this session.

However, if the currency exchange rate breaks the support cluster, the pair could end this week's trading session on bears market.

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