| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 74% | 71% | 4.2% |
| Shorts | 26% | 29% | -12.0% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Sell | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Buy |
| Alligator(13;8;5) | Sell | Sell | Sell |
| SAR(0.02;0.2) | Sell | Sell | Sell |
| Aggregate | ⇘ | ⇘ | ⇘ |
The New Zealand Dollar depreciated about 25 base points against the US Dollar on Tuesday. The pair was pressure down by the 50-hour simple moving average during yesterday's trading session.
The currency pair is currently trading near a support level formed by the monthly S1 at 0.6560.
If the support level holds, a pullback towards the 200-hour simple moving average at 0.6595 could be expected within this session.
However, if the currency exchange rate passes the monthly S1 as mentioned earlier, a decline towards the weekly S1 at 0.6542 could follow.