| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 70% | 70% | 0.7% |
| Shorts | 30% | 30% | -1.6% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Sell | Sell |
| RSI(14) | Sell | Neutral | Neutral |
| Stochastic(5;3;3) | Sell | Neutral | Neutral |
| Alligator(13;8;5) | Buy | Sell | Sell |
| SAR(0.02;0.2) | Buy | Buy | Sell |
| Aggregate | ⇒ | ⇒ | ⇘ |
The New Zealand Dollar is gradually edging higher against the US Dollar in a junior ascending channel pattern. The currency pair appreciated about 56 basis points during yesterday's trading session.
As for the near future, the NZD/USD exchange rate might make a brief retracement towards a support cluster formed by the 50– and 200– hour simple moving averages at 0.6281.
However, today's macroeconomic data releases scheduled at 12:30 GMT could change the overall position of the currency exchange rate within the following trading session.