Positions | Today | Yesterday | % Change | |
Longs | 43% | 47% | -9.30% | |
Shorts | 57% | 53% | 7.02% | |
Indicator | 4H | 1D | 1W | |
MACD (12; 26; 9) | Buy | Buy | Sell | |
RSI (14) | Sell | Sell | Neutral | |
Stochastic (5; 3; 3) | Buy | Neutral | Sell | |
Alligator (13; 8; 5) | Buy | Buy | Sell | |
SAR (0.02; 0.2) | Buy | Buy | Buy | |
Aggregate | ⇗ | ⇗ | ⇘ |
The New Zealand Dollar continued to surge against the Buck also on Friday. The situation is quite similar to other US Dollar's pairs. However, there is a slight difference on the NZD/USD chart.
On Friday it was noticed that the surge has occurred in a clearly visible channel up pattern. The pattern was clearly going to guide the currency exchange rate up to the 0.7150 mark, where the closest resistance level was located at.
Meanwhile, a notable fact was that at the 0.7080 mark a very strong support cluster was located at. In addition, the 55-hour SMA was moving higher and set to provide notable support in the future.