| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 73% | 73% | 0.5% |
| Shorts | 27% | 27% | -1.4% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Sell | Sell |
| RSI(14) | Neutral | Buy | Neutral |
| Stochastic(5;3;3) | Buy | Buy | Buy |
| Alligator(13;8;5) | Sell | Sell | Sell |
| SAR(0.02;0.2) | Sell | Sell | Sell |
| Aggregate | ⇘ | ⇒ | ⇘ |
During Tuesday's trading session, the New Zealand Dollar declined by 54 basis points or 0.83% in value against the US Dollar.
The currency pair is currently testing a resistance level formed by the 50– hour simple moving average at 0.6409.
If the exchange rate breaks the 50– hour SMA, a surge towards a resistance level formed by the weekly pivot point at 0.6431.
However, if the resistance line holds, the next target for bearish traders would be near the weekly S1 at 0.6384.