| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 73% | 72% | 0.9% |
| Shorts | 27% | 28% | -2.4% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Sell | Sell |
| RSI(14) | Buy | Buy | Neutral |
| Stochastic(5;3;3) | Buy | Buy | Neutral |
| Alligator(13;8;5) | Sell | Sell | Sell |
| SAR(0.02;0.2) | Sell | Sell | Sell |
| Aggregate | ⇒ | ⇒ | ⇘ |
The New Zealand Dollar depreciated about 40 base points against the US Dollar on Tuesday. The currency pair is currently moving towards a support level formed by the weekly S1 at 0.6485.
If the exchange rate passes the support level, a decline towards the lower boundary of a descending channel pattern at 0.6460 could be expected during the following trading session.
However, if the given support level holds, the currency exchange rate could make a brief retracement towards the 50-hour simple moving average at 0.6519 in the shorter term.