| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 51% | 63% | -23.6% |
| Shorts | 49% | 37% | 24.2% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Sell | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Sell | Sell | Sell |
| SAR(0.02;0.2) | Buy | Sell | Sell |
| Aggregate | ⇒ | ⇘ | ⇘ |
The New Zealand Dollar appreciated about 47 base points against the US Dollar on Tuesday. The surge was stopped by a resistance level formed by the 100-hour simple moving average at 0.6525.
Everything being equal, it is likely that the NZD/USD currency pair could make a brief retracement towards a support level formed by the 50-hour simple moving average at 0.6511 within this session.
However, given that the currency exchange rate is trading near the border of the descending channel pattern, a breakout could occur during the following trading session.