| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 55% | 60% | -8.8% |
| Shorts | 45% | 40% | 10.8% |
| 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 | ⇘ | ⇘ | ⇒ |
Upside risks dominated the New Zealand Dollar against the US Dollar on Wednesday. The currency pair edged higher by 107 pips or 1.50% during Wednesday's trading session.
The NZD/USD exchange rate is likely to make a brief retracement towards the 50– hour simple moving average at the 0.7200 level during the following trading session.
However, a support level at 0.7240 could provide support for the currency exchange rate within this session.