Positions | Today | Yesterday | % Change | |
Longs | 47% | 56% | -19.15% | |
Shorts | 53% | 44% | 16.98% | |
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 | Neutral | |
SAR (0.02; 0.2) | Sell | Buy | Sell | |
Aggregate | ⇒ | ⇗ | ⇘ |
The New Zealand Dollar has been depreciating against the US Dollar since Tuesday's trading session. The currency pair has lost about 0.90% of its values.
A breakout through the lower boundary of an ascending channel pattern occurred during the middle of Wednesday's trading session. Also, the currency pair breached a strong support level at 0.6795.
Most likely, the 200-hour simple moving average at 0.6780 could hinder the bearish momentum within this session.
However, if the currency exchange rate passes the 200-hour SMA, the pair will target a support level at 0.6750.