Positions | Today | Yesterday | % Change | |
Longs | 55% | 54% | 1.82% | |
Shorts | 45% | 46% | -2.22% | |
Indicator | 4H | 1D | 1W | |
MACD (12; 26; 9) | Sell | Sell | Sell | |
RSI (14) | Buy | Neutral | Neutral | |
Stochastic (5; 3; 3) | Buy | Buy | Neutral | |
Alligator (13; 8; 5) | Sell | Sell | Sell | |
SAR (0.02; 0.2) | Sell | Buy | Sell | |
Aggregate | ⇒ | ⇒ | ⇘ |
The New Zealand Dollar has depreciated about 80 base points against the US Dollar since Thursday session. The currency pair tested the lower boundary of a descending channel at 0.6476 during the Asian session on Friday.
Given that the NZD/USD currency pair is closer to the bottom border of the channel pattern, a breakout could be expected within this session.
If this breakout occurs, the currency exchange rate might aim at a support cluster formed by the combination of the weekly and the monthly pivot points at 0.6410 during the coming hours.