| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 73% | 74% | -2.5% |
| Shorts | 27% | 26% | 6.7% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Sell | Sell |
| RSI(14) | Neutral | Buy | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Buy |
| Alligator(13;8;5) | Sell | Sell | Sell |
| SAR(0.02;0.2) | Sell | Sell | Sell |
| Aggregate | ⇘ | ⇘ | ⇘ |
The New Zealand Dollar has depreciated about 0.96% in value against the US Dollar since yesterday's trading session. The decline started after the currency pair tested a resistance cluster formed by the 50– hour simple moving average and the monthly pivot point at 0.6380.
As for the near future, the NZD/USD exchange rate might make a brief retracement towards the weekly S1 at 0.6356.
If the resistance line holds, bearish traders could continue their dominance in the market during the following trading session.