| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Sell | Buy | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Sell | Buy | Buy |
| SAR(0.02;0.2) | Sell | Buy | Sell |
| Aggregate | ⇘ | ⇗ | ⇒ |
[ANNOUNCE]The New Zealand Dollar has declined by 1.29% against the Japanese Yen since this week's trading sessions. The currency pair breached the 50– and 200– period SMAs on April 22.[/ANNOUNCE]
Currently, the exchange rate is trading near the lower boundary of an ascending channel pattern at 77.37 and could be set for a breakout.
If the breakout occurs, a decline towards the 76.00 level could be expected during the following trading sessions.
However, if the channel pattern holds, buyers are likely to pressure the NZD/JPY currency exchange rate higher next week.