NZD/USD remains near resistance

Note: This section contains information in English only.
Source: Dukascopy Bank SA

Positions Today Yesterday % Change
Longs 49% 53% -8.16%
Shorts 51% 47% 7.84%
Indicator 4H 1D 1W
MACD (12; 26; 9) Buy Buy Sell
RSI (14) Neutral Neutral Neutral
Stochastic (5; 3; 3) Sell Sell Buy
Alligator (13; 8; 5) Buy Buy Sell
SAR (0.02; 0.2) Sell Buy Sell
Aggregate

Instead of the expected breakout of the triangle pattern on the NZD/USD pair's charts to the downside, a slow lived breaking occurred.  

Moreover, the pair has found support below the 0.70 mark and attempted to regain ground. However, the currency exchange rate did not manage to reach the dominant resistance line before it was stopped by the previously active junior patterns support line, which had begun to act as a resistance.  

In regards to the future, it can be expected that the rate will decline, if it passes the 55-hour SMA's support. On the other hand a reconfirmation of the dominant resistance might once more take place.

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