| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Buy | Buy | Buy |
| RSI(14) | Neutral | Sell | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Sell |
| Alligator(13;8;5) | Buy | Buy | Buy |
| SAR(0.02;0.2) | Sell | Buy | Buy |
| Aggregate | ⇒ | ⇗ | ⇗ |
[ANNOUNCE]The New Zealand Dollar has surged by 3.41% against the Canadian Dollar since the beginning of November. The currency pair breached the 0.9060 during yesterday's trading session.[/ANNOUNCE]
All things being equal, the exchange rate is likely to continue to edge higher during the following sessions. The potential target for the NZD/CAD pair would be near the 0.9200 level.
However, the weekly resistance level at 0.9068 could provide resistance for the currency exchange rate in the shorter term.