NZD/USD might still edge higher

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Source: Dukascopy Bank SA
PositionsTodayYesterdayChange
Longs55%51%8.7%
Shorts45%49%-10.9%
Indicator4H1D1W
MACD(12;26;9)SellSellSell
RSI(14)NeutralNeutralNeutral
Stochastic(5;3;3)NeutralNeutralNeutral
Alligator(13;8;5)SellSellSell
SAR(0.02;0.2)BuySellSell
Aggregate⇒⇘⇘

[ANNOUNCE]Upside risks dominated the New Zealand Dollar versus the US Dollar on Wednesday. The currency pair appreciated about 63 base points during yesterday's trading session.
[/ANNOUNCE]
The exchange rate breached the 50.00% Fibonacci retracement level at 0.6585 during the European trading session on Thursday.

Most likely, the currency exchange rate will aim for the 61.80% Fibo level within this session.

However, technical indicators demonstrate that the NZD/USD pair might edge lower today.

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