| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 51% | 39% | 22.9% |
| Shorts | 49% | 61% | -23.7% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Buy | Sell |
| RSI(14) | Sell | Sell | Neutral |
| Stochastic(5;3;3) | Sell | Sell | Sell |
| Alligator(13;8;5) | Buy | Buy | Sell |
| SAR(0.02;0.2) | Buy | Buy | Buy |
| Aggregate | ⇒ | ⇒ | ⇘ |
The New Zealand Dollar has depreciated about 56 base points against the US Dollar since July 22. A breakout had occurred through the bottom border of an ascending channel pattern.
Currently, the exchange rate is near a support level formed by the 200-hour simple moving average at 0.6725.
If the support level holds, a surge towards the 0.6780 regions could be expected within this session.
However, if the currency exchange rate passes the 200-hour SMA, the next target for bearish traders will be at the weekly S1 at 0.6705.