| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 50% | 51% | -3.0% |
| Shorts | 50% | 49% | 2.9% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Sell | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Sell | Sell | Buy |
| SAR(0.02;0.2) | Sell | Sell | Buy |
| Aggregate | ⇘ | ⇘ | ⇗ |
On Friday, the New Zealand Dollar edged up by 55 pips or 0.77% against the US Dollar. The 50– hour simple moving average provided resistance for the currency pair during Friday's session.
Technical indicators flash selling signals on the 4H and daily time-frame charts. The exchange rate will most likely continue to edge lower in a descending channel pattern today.
However, the weekly support line at 0.7069 could provide support for the currency exchange rate within this session.