NZD/USD retrace north

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

Positions Today Yesterday % Change
Longs 42% 40% 4.76%
Shorts 58% 60% -3.45%
Indicator 4H 1D 1W
MACD (12; 26; 9) Sell Buy Buy
RSI (14) Buy Neutral Neutral
Stochastic (5; 3; 3) Sell Neutral Sell
Alligator (13; 8; 5) Sell Neutral Buy
SAR (0.02; 0.2) Sell Sell Buy
Aggregate
The New Zealand Dollar has extended the decline against the US Dollar. Nevertheless, this decline was stopped by the monthly S2 at 0.7187.  

During the European session on Thursday, the currency exchange rate began to gain strength, however, the 55-hour simple moving average was restricting the NZD/USD for making any further gain. 

As for near future, the rate is likely to make a corrective move north for a re-test of the monthly S1 at 0.7243. In addition, technical indicators suggest that the pair is in the oversold zone.

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