| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Buy | Sell | Sell |
| RSI (14) | Neutral | Neutral | Neutral |
| Stochastic (5; 3) | Sell | Buy | Sell |
| Alligator (13; 8; 5) | Buy | Sell | Sell |
| SAR (0.02; 0.2) | Buy | Sell | Sell |
| Aggregate | ⇒ | ⇒ | ⇘ |
During the past seven weeks, the New Zealand Dollar has been weakening against the Swiss Franc, thus forming a descending channel.
The latest up-wave within this pattern that began on October 25 has been seemingly constrained by another junior channel; however, its upper boundary still needs one confirmation.
The rate's current position together with technical indicators suggest that the Kiwi is likely to edge lower in this session.
A short-term target could be the 0.6850/60 area where the 55-, 100– and 200-hour SMAs, the 23.6% Fibo and the weekly PP are located. This territory is likely to hinder the rate for a while; however, the general direction should nevertheless be to the downside towards the lower boundary of the medium-term descending channel and another long-term channel circa 0.6700/0.6725.