| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Buy | Buy | Buy |
| RSI(14) | Neutral | Neutral | Sell |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Buy | Buy | Buy |
| SAR(0.02;0.2) | Buy | Buy | Buy |
| Aggregate | ⇗ | ⇗ | ⇗ |
The New Zealand Dollar has surged by 1.48% against the Japanese Yen since February 1. The currency pair tested the 76.00 level during this week's trading sessions.
All things being equal, the exchange rate could continue to edge higher during the following trading sessions. The potential target for bullish traders would be near the 77.00 area.
However, the weekly resistance level at 76.22 could provide resistance for the NZD/JPY currency exchange rate during the following trading sessions.