NZD/USD tests 100-hour SMA

Note: This section contains information in English only.
Source: Dukascopy Bank SA
PositionsTodayYesterdayChange
Longs49%55%-12.9%
Shorts52%45%12.2%
Indicator4H1D1W
MACD(12;26;9)BuyBuySell
RSI(14)NeutralNeutralNeutral
Stochastic(5;3;3)BuyNeutralNeutral
Alligator(13;8;5)BuyBuySell
SAR(0.02;0.2)SellBuySell
Aggregate⇗⇗⇘

[ANNOUNCE]The New Zealand Dollar depreciated about 40 base points against the US Dollar on Tuesday. The decline was stopped by the 100-hour simple moving average at 0.6698.[/ANNOUNCE]

Everything being equal, if the support level formed by the 100-hour SMA holds, a surge towards the 0.6759 mark could be expected during the following trading session.

If the NZD/USD currency exchange rate passes the support level as mentioned above, a decline towards the 200-hour SMA could be the next target for bearish traders.

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