| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 29% | 28% | 4.1% |
| Shorts | 71% | 72% | -1.7% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Buy | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Buy | Sell |
| Alligator(13;8;5) | Sell | Buy | Buy |
| SAR(0.02;0.2) | Sell | Sell | Buy |
| Aggregate | ⇘ | ⇗ | ⇗ |
[ANNOUNCE]The New Zealand Dollar appreciated by 32 basis points against the US Dollar on Monday. The surge was stopped by the 200– hour simple moving average during yesterday's trading session.[/ANNOUNCE]
As for the near future, the NZD/USD exchange rate will most likely continue to trade in the narrow descending channel pattern. The potential target will be at the 0.6619 mark.
A possible upside reversal could occur from the support level, formed by the weekly S1 at the 0.6619 area during the following trading session.