Positions | Today | Yesterday | Change |
---|---|---|---|
Longs | 36% | 38% | -4.4% |
Shorts | 64% | 62% | 2.5% |
Indicator | 4H | 1D | 1W |
MACD(12;26;9) | Buy | Buy | Buy |
RSI(14) | Neutral | Neutral | Neutral |
Stochastic(5;3;3) | Neutral | Neutral | Neutral |
Alligator(13;8;5) | Buy | Buy | Buy |
SAR(0.02;0.2) | Buy | Buy | Buy |
Aggregate | ⇗ | ⇗ | ⇗ |
The New Zealand Dollar is gradually making a new higher highs and lower lows since the currency pair bounced off a support level formed by the 200-hour simple moving average at 0.6809 on March 14.
The exchange rate tested a resistance level formed by the upper boundary of a downtrend line at 0.6874 during the morning hours of Monday's trading session.
Everything being equal, it is likely that the NZD/USD currency exchange rate could aim for a support cluster set by the combination of the 50– and 100-hour SMAs at 0.6845 during the following trading session.