NZD/USD breaks 0.7000 level

Note: This section contains information in English only.
Source: Dukascopy Bank SA
PositionsTodayYesterdayChange
Longs66%56%15.6%
Shorts34%44%-29.9%
Indicator4H1D1W
MACD(12;26;9)SellSellBuy
RSI(14)BuyBuyNeutral
Stochastic(5;3;3)BuyBuyNeutral
Alligator(13;8;5)SellSellBuy
SAR(0.02;0.2)SellSellSell
Aggregate⇒⇒⇒

[ANNOUNCE]Downside risks pressured the New Zealand Dollar against the US Dollar on Tuesday. The NZD/USD currency pair fell by 142 pips or 1.99% during yesterday's trading session.[/ANNOUNCE]

Everything being equal, the exchange rate could continue to edge lower during the following trading session. A breakout through the lower boundary of a descending channel pattern could occur today.

However, the currency exchange rate could make an upside reversal from a support level at 0.6972 within this session.

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