Positions | Today | Yesterday | % Change | |
Longs | 52% | 46% | 11.54% | |
Shorts | 48% | 54% | -12.50% | |
Indicator | 4H | 1D | 1W | |
MACD (12; 26; 9) | Sell | Sell | Buy | |
RSI (14) | Buy | Neutral | Neutral | |
Stochastic (5; 3; 3) | Buy | Buy | Neutral | |
Alligator (13; 8; 5) | Sell | Sell | Buy | |
SAR (0.02; 0.2) | Sell | Sell | Sell | |
Aggregate | ⇒ | ⇘ | ⇒ |
The support level, which was reached on the NZD/USD charts on Monday, was passed at midnight between Monday's and Tuesday's trading session on a GMT time frame.
However, as the surge of the Buck had stopped on most charts, it had also occurred on the NZD/USD charts. The stop of the decline of the New Zealand Dollar against the US Dollar did not have a technical basis.
Due to that reason, if this level serves as a strong enough support for the rate to start breaking notable resistance levels, a full review of the pair will be needed.
Meanwhile, pay attention that there are support levels just below the 0.7090 mark.