| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 41% | 33% | 21.4% |
| Shorts | 59% | 68% | -15.1% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Buy | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Buy | Buy | Buy |
| SAR(0.02;0.2) | Buy | Buy | Buy |
| Aggregate | ⇗ | ⇗ | ⇗ |
[ANNOUNCE]The New Zealand Dollar declined by 25 points or 0.38% against the US Dollar on Thursday. The decline was stopped by the weekly support level at 0.6507 during yesterday's trading session. [/ANNOUNCE]
If the support level holds, bullish traders will most likely continue to pressure the exchange rate higher within this session.
But, if the NZD/USD currency pair breaks the support level, a decline towards the 0.6480 could be expected today.
However, technical indicators suggest buying pressure on both the smaller and the larger time-frame charts.