Positions | Today | Yesterday | Change |
---|---|---|---|
Longs | 44% | 54% | -23.6% |
Shorts | 56% | 46% | 18.2% |
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) | 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 Friday. The surge was stopped by a resistance level formed by the 200-hour simple moving average at 0.6810.
A breakout occurred through the upper boundary of a descending channel pattern at 0.6806 during the European trading session on Monday.
As for the short-term future, it is likely that the currency exchange rate surge towards a resistance level at 0.6834.
On the other hand, the NZD/USD pair could reverse from the current price level and aim for a support cluster at 0.6783 during the following trading session.