Positions | Today | Yesterday | Change |
---|---|---|---|
Longs | 33% | 33% | -1.2% |
Shorts | 67% | 67% | 0.6% |
Indicator | 4H | 1D | 1W |
MACD(12;26;9) | 0 | 0 | 0 |
RSI(14) | 4H | 1D | 1W |
Stochastic(5;3;3) | Buy | Buy | Buy |
Alligator(13;8;5) | Sell | Neutral | Neutral |
SAR(0.02;0.2) | Buy | Buy | Buy |
Aggregate | ⇒ | ⇗ | ⇗ |
The New Zealand Dollar declined by 35 pips or 0.49% against the US Dollar on Wednesday. The decline was stopped by a support cluster at 0.7185 during yesterday's trading session.
Technical indicators suggest buying signals. Most likely, bullish traders could pressure the exchange rate higher today. The potential target for the NZD/USD pair will be near the 0.7248 level.
However, a resistance line at 0.7220 might provide resistance for the currency exchange rate within this session.