| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 57% | 54% | 5.1% |
| Shorts | 43% | 46% | -6.6% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Sell | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Sell | Neutral | Neutral |
| Alligator(13;8;5) | Buy | Sell | Buy |
| SAR(0.02;0.2) | Buy | Buy | Sell |
| Aggregate | ⇗ | ⇒ | ⇒ |
The New Zealand Dollar rose by 65 basis points or 0.99% against the US Dollar on Friday. The currency pair breached the upper boundary of an ascending channel pattern at 0.6667 during Friday's trading session.
Everything being equal, the NZD/USD exchange rate could continue to edge higher during the following trading session. A breakout through the upper line of the channel pattern might occur.
However, if the ascending channel holds, bears could pressure the currency exchange rate lower towards the 50-, 100– and 200– hour SMAs at 0.6619 within this session.