| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 68% | 54% | 20.7% |
| Shorts | 32% | 46% | -44.3% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Sell | Buy |
| RSI(14) | Buy | Buy | Neutral |
| Stochastic(5;3;3) | Neutral | Buy | Buy |
| Alligator(13;8;5) | Sell | Sell | Buy |
| SAR(0.02;0.2) | Sell | Sell | Sell |
| Aggregate | ⇘ | ⇒ | ⇗ |
The New Zealand Dollar depreciated by 27 pips or 0.41% in value against the US Dollar on Monday. The currency pair traded below the 50- hour simple moving average during yesterday's trading session.
Everything being equal, the exchange rate could edge higher during the following trading session. The potential target will be near a resistance level formed by the weekly pivot point at 0.6504.
However, the 100– hour simple moving average resistance level at 0.6486 could provide resistance for the NZD/USD currency exchange rate within this session.