Positions | Today | Yesterday | % Change | |
Longs | 34% | 37% | -8.82% | |
Shorts | 66% | 63% | 4.55% | |
Indicator | 4H | 1D | 1W | |
MACD (12; 26; 9) | Buy | Buy | Buy | |
RSI (14) | Neutral | Sell | Neutral | |
Stochastic (5; 3; 3) | Sell | Sell | Sell | |
Alligator (13; 8; 5) | Buy | Buy | Buy | |
SAR (0.02; 0.2) | Buy | Buy | Buy | |
Aggregate | ⇗ | ⇒ | ⇗ |
The previously described scenario on Monday regarding the NZD/USD did not come into reality. The strong resistance level was broken and the pair keeps moving north.
At the beginning of a Tuesday trading session, the pair has formed a new high moving past the previous weekly and monthly PPs.
Due to this reason, in the near future, the Kiwi is likely to remain bullish until the dominant channel uptrend is breached combined with the monthly PP resistance level at 0.737.