NZD/USD remains near 50-hour SMA

Note: This section contains information in English only.
Source: Dukascopy Bank SA

 Positions Today Yesterday Change
 Longs 51% 47% 7.8%
 Shorts 49% 53% -8.2%
       
 Indicator 4H 1D 1W
 MACD(12;26;9) Sell Sell Buy
 RSI(14) Sell Neutral Neutral
 Stochastic(5;3;3) Neutral Buy Neutral
 Alligator(13;8;5) Neutral Sell Buy
 SAR(0.02;0.2) Buy Sell Buy
 Aggregate

The New Zealand Dollar appreciated about 56 base points against the US Dollar on Thursday. The currency pair tested the upper boundary of a junior descending channel pattern at 0.6855 during Thursday's trading session.

As for the near future, it is likely that the NZD/USD exchange rate will decline towards a support level formed by the combination of the 200-hour simple moving average and the weekly pivot point at 0.6795.

However, the currency exchange rate needs to surpass the 50-hour SMA located at 0.6824 within this session.

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