| Positions | Today | Yesterday | % Change | |
| Longs | 58% | 46% | 20.69% | |
| Shorts | 42% | 54% | -28.57% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Sell | Buy | |
| RSI (14) | Buy | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Neutral | Sell | Sell | |
| Alligator (13; 8; 5) | Sell | Sell | Neutral | |
| SAR (0.02; 0.2) | Sell | Sell | Sell | |
| Aggregate | ⇘ | ⇓ | ⇒ | |
Even though the New Zealand Dollar plunged 150 pips in the first half of Thursday, downside risks continued to pressure the rate even lower down to the monthly S2 at 0.6978. This movement southwards was contrary to technical indicators that started to recover already mid-Thursday.
As apparent on the daily chart, the rate has reached the lower boundary of a four-month descending channel.
Taking into account the two aforementioned factors, it is assumed that the expected recovery could finally realise in the remaining trading hours. A possible trading range could be between the weekly and monthly S1s and the monthly S2 in the 0.7100/0.6978 territory.