| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 72% | 71% | 1.0% |
| Shorts | 28% | 29% | -2.6% |
| 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) | Buy | Sell | Sell |
| Aggregate | ⇒ | ⇘ | ⇘ |
The New Zealand Dollar has continued to edge up against the US Dollar. The currency pair appreciated by 53 basis points or 0.84% in value during yesterday's trading session.
As for the near future, the exchange rate will most likely continue to edge higher. The potential target for the NZD/USD pair will be near the 200– hour simple moving average at 0.6386.
However, the currency exchange rate could make a downside reversal from the 100– hour SMA at 0.6345 and continue trading southward during the following trading session.