| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 71% | 71% | 0.2% |
| Shorts | 29% | 29% | -0.6% |
| 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) | Sell | Sell | Buy |
| SAR(0.02;0.2) | Buy | Sell | Buy |
| Aggregate | ⇒ | ⇘ | ⇗ |
The New Zealand Dollar has been trading in a horizontal channel pattern against the US Dollar.
The situation could change within this session, as traders and investors await the US FOMC minutes scheduled at 18:00 GMT.
It is important to note that forex traders are expecting the currency exchange rate to make a movement of about 5 to 50 base points range.
Besides, the US CPI and Core CPI data release scheduled at 12:30 GMT could also play a significant role in the currency pair movement during the European trading session.