| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 60% | 56% | 6.2% |
| Shorts | 40% | 44% | -9.2% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Sell | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Neutral | Sell | Buy |
| SAR(0.02;0.2) | Sell | Sell | Sell |
| Aggregate | ⇘ | ⇘ | ⇒ |
The New Zealand Dollar surged by 30 pips or 0.42% against the US Dollar on Tuesday. The currency pair tested the upper boundary of a descending channel pattern at 0.7200 during yesterday's trading session.
Technical indicators suggest selling signals on the daily time-frame chart. Most likely, the NZD/USD exchange rate could edge lower during the following trading session.
However, given that the currency exchange rate is currently trading near the upper line of the channel pattern, a breakout could occur within this session.