| Positions | Today | Yesterday | % Change | |
| Longs | 0% | 43% | #DIV/0! | |
| Shorts | 100% | 57% | 43.00% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Buy | Sell | Buy | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Sell | Sell | Buy | |
| Alligator (13; 8; 5) | Buy | Sell | Buy | |
| SAR (0.02; 0.2) | Buy | Sell | Buy | |
| Aggregate | ⇗ | ⇓ | ⇑ | |
The New Zealand Dollar continues moving in an ascending channel against the US Dollar. The bullish momentum during this short period has been directed by the 55– hour simple moving average.
However, after the currency pair breached the weekly resistance level at 0.7308 it made a sharp U-turn south. Nevertheless, the 55– hour SMA was providing support near 0.7277 at the time of this analysis.
As for near future, bulls are likely to have an upper hand during this session. Also, technical indicators suggest that the rally for the NZD/USD currency exchange rate is likely to continue until it finds resistance at a cluster set by the combination of the weekly and the monthly PPs near the 0.7353 area.