NZD/USD full review

Note: This section contains information in English only.
Source: Dukascopy Bank SA

Positions Today Yesterday % Change
Longs 58% 59% -1.72%
Shorts 42% 41% 2.38%
Indicator 4H 1D 1W
MACD (12; 26; 9) Buy Sell Sell
RSI (14) Neutral Neutral Neutral
Stochastic (5; 3; 3) Neutral Neutral Buy
Alligator (13; 8; 5) Neutral Sell Sell
SAR (0.02; 0.2) Sell Buy Sell
Aggregate

The previous assumptions about the NZD/USD pair were false, as the rate surged in the second half of Wednesday only to be squeezed in between various hourly simple moving averages. 

Meanwhile, our analysts did a full review of the pair. Long, medium and short term patterns were discovered. 

Essentially the currency exchange rate was expected to continue to surge in the short term as soon as it passed the resistance of the 55 and 100– hour simple moving averages near the 0.6920 mark.

If that would occur, the most dominant trend line near 0.6950 would be targeted.

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