Positions | Today | Yesterday | Change |
---|---|---|---|
Longs | 57% | 61% | -6.9% |
Shorts | 43% | 39% | 9.2% |
Indicator | 4H | 1D | 1W |
MACD(12;26;9) | Sell | Sell | Buy |
RSI(14) | Neutral | Neutral | Neutral |
Stochastic(5;3;3) | Neutral | Buy | Neutral |
Alligator(13;8;5) | Sell | Sell | Buy |
SAR(0.02;0.2) | Sell | Sell | Buy |
Aggregate | ⇘ | ⇘ | ⇗ |
The New Zealand Dollar depreciated about 60 base points against the US Dollar on Tuesday. The decline was stopped by a support level formed by the weekly S1 at 0.6748.
Today's session began with a bullish sentiment. By the middle of the European trading session, a breakout through the upper boundary of the ascending channel pattern has occurred.
Given that a breakout had occurred, it is likely that the currency exchange rate will aim for a resistance cluster formed by the weekly and the monthly pivot points at 0.6837 within this session.