NZD/USD breakout occurs

Note: This section contains information in English only.
Source: Dukascopy Bank SA
PositionsTodayYesterdayChange
Longs57%61%-6.9%
Shorts43%39%9.2%
Indicator4H1D1W
MACD(12;26;9)SellSellBuy
RSI(14)NeutralNeutralNeutral
Stochastic(5;3;3)NeutralBuyNeutral
Alligator(13;8;5)SellSellBuy
SAR(0.02;0.2)SellSellBuy
Aggregate

The New Zealand Dollar depreciated about 60 base points against the US Dollar on Tuesday. The decline was stopped by a support level formed by the weekly S1 at 0.6748.

Today's session began with a bullish sentiment. By the middle of the European trading session, a breakout through the upper boundary of the ascending channel pattern has occurred.

Given that a breakout had occurred, it is likely that the currency exchange rate will aim for a resistance cluster formed by the weekly and the monthly pivot points at 0.6837 within this session.

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