NZD/USD could continue to surge - Technical Analysis - Dukascopy Bank
Tue, 16 Feb 2021 09:18:18 GMT
Source: Dukascopy Bank SA
Positions
Today
Yesterday
Change
Longs
35%
34%
3.7%
Shorts
65%
66%
-2.0%
Indicator
4H
1D
1W
MACD(12;26;9)
Buy
Buy
Buy
RSI(14)
Neutral
Neutral
Sell
Stochastic(5;3;3)
Neutral
Neutral
Neutral
Alligator(13;8;5)
Buy
Buy
Buy
SAR(0.02;0.2)
Buy
Buy
Buy
Aggregate
⇗
⇗
⇗
New Zealand's Dollar has edged higher by 55 pips or 0.76% against the US Dollar since Monday's trading session. The currency pair breached the weekly R1 at 0.7253 on Tuesday morning.
As for the near future, the NZD/USD exchange rate is likely to continue to edge higher. Bullish traders might target the weekly R2 at 0.7293 during the following trading session.
However, the currency exchange rate could encounter a resistance line at the 0.7280 area within this session.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information, please call us or make callback request.
For further information regarding potential cooperation, please call us or make callback request.
To learn more about Dukascopy Bank Binary Options
/ Forex trading platform, SWFX and other trading related information, please call us or make callback request.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information, please call us or make callback request.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information, please call us or make callback request.
To learn more about Business Introducer and other trading related information, please call us or make callback request.
For further information regarding potential cooperation, please call us or make callback request.