Positions | Today | Yesterday | Change |
---|---|---|---|
Longs | 64% | 60% | 5.9% |
Shorts | 36% | 40% | -10.5% |
Indicator | 4H | 1D | 1W |
MACD(12;26;9) | Buy | Buy | Sell |
RSI(14) | Neutral | Neutral | Neutral |
Stochastic(5;3;3) | Neutral | Neutral | Neutral |
Alligator(13;8;5) | Buy | Buy | Sell |
SAR(0.02;0.2) | Buy | Buy | Sell |
Aggregate | ⇗ | ⇗ | ⇘ |
The New Zealand Dollar appreciated about 0.97% in value against the US Dollar on Friday. The 50-hour simple moving average provided support for the currency pair at 0.6627.
However, today's trading session began with a bearish sentiment. By the middle of the trading day, a breakout occurred through the lower boundary of an ascending channel pattern.
Given that a breakout had occurred, it is likely that the NZD/USD currency exchange rate will aim for a support level formed by the 200-hour SMA at 0.6580 during the following trading session.