NZD/USD could continue to range

Note: This section contains information in English only.
Source: Dukascopy Bank SA
PositionsTodayYesterdayChange
Longs61%60%2.6%
Shorts39%40%-4.0%
Indicator4H1D1W
MACD(12;26;9)SellSellBuy
RSI(14)NeutralNeutralNeutral
Stochastic(5;3;3)NeutralNeutralNeutral
Alligator(13;8;5)SellSellBuy
SAR(0.02;0.2)BuySellBuy
Aggregate

The New Zealand Dollar traded sideways against the US Dollar on Friday. The NZD/USD currency pair was ranging between 0.6540/0.6520 during Friday's trading session.

The exchange rate could continue to range between the levels, as mentioned above within this session.

Given that the 50-, 100– and 200– hour simple moving averages are above the price, a decline towards the lower line of a descending channel pattern could occur within this session.

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