| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 45% | 43% | 4.9% |
| Shorts | 55% | 57% | -4.0% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Buy | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Sell | Neutral |
| Alligator(13;8;5) | Buy | Buy | Buy |
| SAR(0.02;0.2) | Sell | Buy | Buy |
| Aggregate | ⇒ | ⇗ | ⇗ |
During Tuesday's trading session, the New Zealand Dollar depreciated about 0.56% in values against the US Dollar. The decline was stopped by the 50-hour simple moving average at 0.6841.
In regards to the near-term future, it is expected that the 50-hour SMA will push the NZD/USD exchange rate to break a junior ascending channel pattern during the following trading session.
Meanwhile, today's macroeconomic data releases; namely, the US PPI and Core PPI data releases at 12:30 GMT might support the Kiwi to appreciate against the Greenback towards the 0.6879 mark.