NZD/USD breakout occurrs

Note: This section contains information in English only.
Source: Dukascopy Bank SA
PositionsTodayYesterdayChange
Longs47%46%2.0%
Shorts53%54%-1.8%
Indicator4H1D1W
MACD(12;26;9)BuyBuySell
RSI(14)NeutralNeutralNeutral
Stochastic(5;3;3)NeutralNeutralNeutral
Alligator(13;8;5)BuyBuySell
SAR(0.02;0.2)BuySellBuy
Aggregate

The New Zealand Dollar surged by 69 pips or 1.13% against the US Dollar on Wednesday. The currency pair bounced off the weekly R1 at 0.6082 during Wednesday's trading session.

A breakout occurred through the lower boundary of a narrow ascending channel pattern at 0.6130 on Thursday morning.

Given that a breakout had occurred, the NZD/USD exchange rate could edge lower within this session.

However, the support line at 0.6082 could provide support for the currency exchange rate today.

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