| Positions | Today | Yesterday | % Change | |
| Longs | 60% | 64% | -6.67% | |
| Shorts | 40% | 36% | 10.00% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Buy | Sell | Sell | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Neutral | Neutral | Neutral | |
| Alligator (13; 8; 5) | Buy | Sell | Sell | |
| SAR (0.02; 0.2) | Buy | Buy | Sell | |
| Aggregate | ⇗ | ⇒ | ⇘ | |
The NZD/USD exchange rate has been trading in a medium-term ascending channel since mid-August. The New Zealand Dollar bounced off the lower boundary of the ascending channel for the second time on August 23 and had since gained about 87 base points or 1.31% against the US Dollar.
A strong support cluster formed by the combination of the 50– and 100-hour simple moving averages and the weekly pivot point near the 0.6679 area was providing support for the currency pair.
Given that the currency exchange rate has moved closer to the upper boundary of a dominant descending channel, a breakout is likely to occur during the following trading session.