Positions | Today | Yesterday | % Change | |
Longs | 35% | 39% | -11.43% | |
Shorts | 65% | 61% | 6.15% | |
Indicator | 4H | 1D | 1W | |
MACD (12; 26; 9) | Buy | Buy | Buy | |
RSI (14) | Neutral | Sell | Neutral | |
Stochastic (5; 3; 3) | Sell | Sell | Sell | |
Alligator (13; 8; 5) | Buy | Buy | Buy | |
SAR (0.02; 0.2) | Buy | Buy | Buy | |
Aggregate | ⇗ | ⇒ | ⇗ |
An unexpected turn of events occurred in regards to the New Zealand Dollar against the US Dollar currency pair. Namely, the pair rebounded and gained new high levels before it was previously forecast.
As it turns out there is another pattern at work on the currency pair. The pattern provided the needed support for the currency pair to initially break through a strop resistance level, near the 0.7280 mark.
Moreover, after touching a new high level and bouncing off dominant resistance the pair once more was prepped up by the newly discovered patterns support. It is highly likely that the pair is set to soon reach a new high level.