NZD/USD could edge higher

Note: This section contains information in English only.
Source: Dukascopy Bank SA
PositionsTodayYesterdayChange
Longs28%25%10.9%
Shorts72%75%-4.3%
Indicator4H1D1W
MACD(12;26;9)BuyBuyBuy
RSI(14)NeutralNeutralNeutral
Stochastic(5;3;3)NeutralNeutralNeutral
Alligator(13;8;5)BuyBuyBuy
SAR(0.02;0.2)SellBuyBuy
Aggregate

The New Zealand Dollar has surged by 54 basis points or 0.82% against the US Dollar on since Wednesday's trading session. The 100– hour SMA pressured the currency pair higher on Wednesday. 

Everything being equal, the NZD/USD exchange rate could continue to edge higher within this session. The possible target for bullish traders would be at the 0.6620 level.

The currency exchange rate could make a retracement from the psychological level at 0.6600 in this session.

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