| Positions | Today | Yesterday | % Change | |
| Longs | 51% | 56% | -9.80% | |
| Shorts | 49% | 44% | 10.20% | |
| 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 | Neutral | Sell | |
| SAR (0.02; 0.2) | Buy | Buy | Sell | |
| Aggregate | ⇗ | ⇒ | ⇘ | |
The New Zealand Dollar appreciated about 74 base points against the US Dollar on Friday. The currency pair breached both the 50-and 100-hour SMAs at 0.6560 during Friday's session.
However, after hitting the monthly pivot point at 0.6608 the exchange rate began to decline. Currently, the price is moving towards a support cluster formed by the combination of the 50-and 100-hour SMAs at 0.6573.
If the NZD/USD exchange rate passes the support level as mentioned earlier, the pair could aim at the 200-hour simple moving average at 0.6540.
On the other hand, if the support line holds, bullish traders could aim at the monthly resistance level near the 0.6608 region.