| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 32% | 32% | 1.5% |
| Shorts | 68% | 68% | -0.7% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Buy | Buy |
| RSI(14) | Neutral | Neutral | Sell |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Buy | Buy | Buy |
| SAR(0.02;0.2) | Sell | Buy | Buy |
| Aggregate | ⇒ | ⇗ | ⇗ |
The New Zealand Dollar surged by 40 pips or 0.56% against the US Dollar on Thursday. The currency pair breached the weekly resistance level at 0.7237 during yesterday's trading session.
A breakout occurred through the lower boundary of an ascending channel pattern during the Asian session on Friday.
Given that a breakout had occurred, the exchange rate will most likely continue to decline today.
However, a support line at the 0.7180 could provide support for the currency exchange rate within this session.