Positions | Today | Yesterday | % Change | |
Longs | 43% | 38% | 11.63% | |
Shorts | 57% | 62% | -8.77% | |
Indicator | 4H | 1D | 1W | |
MACD (12; 26; 9) | Buy | Sell | Buy | |
RSI (14) | Neutral | Neutral | Neutral | |
Stochastic (5; 3; 3) | Sell | Sell | Buy | |
Alligator (13; 8; 5) | Buy | Sell | Buy | |
SAR (0.02; 0.2) | Buy | Sell | Buy | |
Aggregate | ⇗ | ⇓ | ⇑ |
The New Zealand Dollar has been strengthening against the US Dollar. By the middle of Wednesday's trading session, the currency pair has moved past a resistance cluster set by the combination of the weekly and the monthly pivot points near the 0.07253 regions.
Technical indicators demonstrate another rally towards the distant of the upper boundary of an ascending trend-line.
As for near future, the NZD/USD currency exchange rate could continue accelerating north until it breaches a resistance which is located at the aforementioned trend-line. Meanwhile, traders should look for opportunities to trade if the resistance holds.