| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Buy | Buy | Buy |
| RSI(14) | Neutral | Sell | Sell |
| Stochastic(5;3;3) | Neutral | Neutral | Sell |
| Alligator(13;8;5) | Buy | Buy | Buy |
| SAR(0.02;0.2) | Sell | Buy | Buy |
| Aggregate | ⇒ | ⇗ | ⇒ |
The New Zealand Dollar has surged by 4.93% against the Japanese Yen since February 8. The NZD/JPY currency pair breached the 79.00 level during this week's trading sessions.
Everything being equal, the exchange rate is likely to continue to trend bullish during the following trading sessions. A breakout through the upper line of an ascending channel pattern could occur.
However, the currency exchange rate is likely to make a brief pullback towards the weekly pivot point at 76.56 during next week's trading sessions.