Positions | Today | Yesterday | % Change | |
Longs | 54% | 61% | -12.96% | |
Shorts | 46% | 39% | 15.22% | |
Indicator | 4H | 1D | 1W | |
MACD (12; 26; 9) | Sell | Sell | Sell | |
RSI (14) | Neutral | Neutral | Neutral | |
Stochastic (5; 3; 3) | Sell | Sell | Sell | |
Alligator (13; 8; 5) | Sell | Sell | Sell | |
SAR (0.02; 0.2) | Sell | Sell | Sell | |
Aggregate | ⇓ | ⇓ | ⇓ |
The New Zealand Dollar was weakening against the Greenback for two trading session. This fall, however, was stopped by the weekly S1 at 0.6824 and the lower boundary of a four-week channel.
Upside risks prevailed mid-session when worse-than-expected US labour data put downward pressure on the US Dollar. The given surge was not significant, as the monthly PP and the 100-hour SMA disrupted any intentions to edge above the 0.6866 mark.
It is unlikely that this area is surpassed in this session; thus, the most probable direction for the pair is south. As apparent on the chart, the nearest support is the distant weekly S1 at 0.6824. This area might be reached, but a breakout is not expected.