| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 58% | 53% | 9.3% |
| Shorts | 42% | 47% | -12.9% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Buy | Sell |
| RSI(14) | Buy | Neutral | Neutral |
| Stochastic(5;3;3) | Buy | Buy | Neutral |
| Alligator(13;8;5) | Sell | Buy | Sell |
| SAR(0.02;0.2) | Sell | Sell | Sell |
| Aggregate | ⇒ | ⇗ | ⇘ |
The New Zealand Dollar appreciated about 64 base points against the US Dollar on Wednesday. The currency pair breached a descending channel pattern during the morning hours of today's trading session.
Given that a breakout had occurred, it is likely that bullish traders could aim for a swing high at 0.6704.
On the other hand, the currency exchange rate might reverse from the current price level at 0.6674 and aim for a retest of a support level formed by the 50-hour simple moving average at 0.6623 during the following trading session.