| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 28% | 25% | 9.3% |
| Shorts | 72% | 75% | -3.6% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Buy | Sell |
| RSI(14) | Sell | Sell | Neutral |
| Stochastic(5;3;3) | Neutral | Sell | Neutral |
| Alligator(13;8;5) | Buy | Buy | Sell |
| SAR(0.02;0.2) | Buy | Buy | Buy |
| Aggregate | ⇗ | ⇒ | ⇒ |
The New Zealand Dollar has surged by 102 basis points or 1.59% against the US Dollar since yesterday's trading session. The currency pair breached the upper boundary of an ascending channel pattern on Friday morning.
Given that a breakout had occurred, the exchange pair could continue to edge higher within this session. The potential target for the NZD/USD pair would be at the 0.6600 level.
However, today's macroeconomic data releases scheduled at 12:30GMT could change the overall movement of the currency exchange rate during the following trading session.