| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 59% | 61% | -3.0% |
| Shorts | 41% | 39% | 4.4% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Buy | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Buy | Buy | Neutral |
| Alligator(13;8;5) | Sell | Buy | Sell |
| SAR(0.02;0.2) | Sell | Buy | Buy |
| Aggregate | ⇘ | ⇑ | ⇒ |
The New Zealand Dollar declined by 74 pips or 1.22% against the US Dollar on Wednesday. The currency pair was pressured lower by the 50-, 100– and 200– hour SMAs during Wednesday's trading session.
As for the near future, the NZD/USD exchange rate will most likely edge higher within this session. The possible target for bullish traders would be at the 0.6100 area.
Although, a resistance cluster, located near the 0.6060 marks, could provide resistance for the currency exchange rate during the following trading session.