| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 70% | 73% | -3.3% |
| Shorts | 30% | 27% | 7.8% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Sell | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Sell | Neutral | Buy |
| Alligator(13;8;5) | Sell | Sell | Sell |
| SAR(0.02;0.2) | Buy | Sell | Sell |
| Aggregate | ⇘ | ⇘ | ⇘ |
Bullish sentiment dominated the New Zealand Dollar versus the US Dollar on Thursday. As a result, a breakout occurred through the upper boundary of a descending trendline during the morning hours of today's trading session.
Given that a breakout had occurred, it is likely that the currency pair continues its bullish movement within this session. The potential upside swing could be at the 0.6579 area.
However, a resistance level formed by the 200-hour simple moving average at 0.6534 could hinder such movement today.