| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 27% | 27% | -1.0% |
| Shorts | 73% | 73% | 0.4% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Buy | Buy |
| RSI(14) | Sell | Sell | Neutral |
| Stochastic(5;3;3) | Sell | Sell | Sell |
| Alligator(13;8;5) | Buy | Buy | Buy |
| SAR(0.02;0.2) | Buy | Buy | Buy |
| Aggregate | ⇒ | ⇒ | ⇗ |
The New Zealand Dollar has surged by 114 basis points or 1.73% against the US Dollar since Tuesday's trading session. The currency pair breached the monthly resistance level at 0.6630 on Tuesday.
As for the near future, the NZD/USD exchange rate could continue to edge higher. Moreover, technical indicators suggest buying signals on both the smaller and the larger time-frame charts.
However, the currency exchange rate could make a brief retracement towards the 50– hour simple moving average at 0.6597 within this session.