| Positions | Today | Yesterday | % Change | |
| Longs | 57% | 56% | 1.75% | |
| Shorts | 43% | 44% | -2.33% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Buy | Sell | Sell | |
| RSI (14) | Neutral | Neutral | Buy | |
| Stochastic (5; 3; 3) | Neutral | Sell | Buy | |
| Alligator (13; 8; 5) | Buy | Sell | Sell | |
| SAR (0.02; 0.2) | Buy | Buy | Sell | |
| Aggregate | ⇗ | ⇘ | ⇒ | |
Upside risks prevailed in the market on Friday, as the currency pair ended the session with a 59 pips gain. Bulls dominance in the market over the NZD/USD exchange rate resulted in the price to breached the 200-hour simple moving average.
However, after testing the upper boundary of a junior ascending channel at 0.6643, the New Zealand Dollar began to weaken against the US Dollar. Currently, the pair is located near a support level formed by the 200-hour SMA and the monthly pivot point.
Given that the three SMAs are below the price, the upward momentum is likely to continue during the following trading session. Meanwhile, technical indicators flash strong buy signals on the 4H time frame chart.