Positions | Today | Yesterday | Change |
---|---|---|---|
Longs | 71% | 70% | 2.2% |
Shorts | 29% | 30% | -5.4% |
Indicator | 4H | 1D | 1W |
MACD(12;26;9) | Sell | Sell | Sell |
RSI(14) | Neutral | Buy | Neutral |
Stochastic(5;3;3) | Neutral | Neutral | Neutral |
Alligator(13;8;5) | Sell | Sell | Sell |
SAR(0.02;0.2) | Buy | Sell | Sell |
Aggregate | ⇒ | ⇘ | ⇘ |
The New Zealand Dollar traded sideways against the US Dollar. The currency pair was trading near a resistance cluster formed by the combination of the weekly and the monthly PPs at 0.6475 during yesterday's trading session.
Everything being equal, it is likely that the NZD/USD exchange rate will continue to trade flat within this session.
Although, a breakout to either direction could occur within this session. Technical indicators demonstrate that bears are likely to prevail in the market during the following trading hours.