Positions | Today | Yesterday | % Change | |
Longs | 45% | 41% | 8.89% | |
Shorts | 55% | 59% | -7.27% | |
Indicator | 4H | 1D | 1W | |
MACD (12; 26; 9) | Buy | Sell | Buy | |
RSI (14) | Neutral | Neutral | Neutral | |
Stochastic (5; 3; 3) | Sell | Sell | Sell | |
Alligator (13; 8; 5) | Buy | Sell | Buy | |
SAR (0.02; 0.2) | Buy | Sell | Buy | |
Aggregate | ⇗ | ⇓ | ⇗ |
The previous expectations for the NZD/USD currency exchange rate have been fulfilled. The pair reached the upper boundary of a dominant channel during the early hours of Wednesday's.
By the end of the European trading session, the currency pair had been trading with low volatility. Meanwhile, a flag pattern was formed.
As for near future, the pair is set for a breakout to either direction from the flag pattern. In addition, the daily market sentiment still remains bullish.