| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 62% | 67% | -8.4% |
| Shorts | 38% | 33% | 13.6% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Sell | Sell |
| RSI(14) | Neutral | Neutral | Buy |
| Stochastic(5;3;3) | Neutral | Sell | Neutral |
| Alligator(13;8;5) | Buy | Sell | Sell |
| SAR(0.02;0.2) | Buy | Buy | Sell |
| Aggregate | ⇗ | ⇘ | ⇘ |
[ANNOUNCE]The New Zealand Dollar declined by 64 pips or 1.06% in value against the US Dollar on Monday. The decline was stopped by the 50– hour simple moving average during yesterday's trading session. [/ANNOUNCE]
Everything being equal, the exchange rate could continue to decline. A potential breakout through the lower boundary of an ascending channel pattern could occur during the following trading session.
However, a support level formed by the 100– hour simple moving average at 0.5944 could provide support for the NZD/USD currency exchange rate in the shorter term.