| Positions | Today | Yesterday | % Change | |
| Longs | 53% | 50% | 5.66% | |
| Shorts | 47% | 50% | -6.38% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Sell | Sell | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Neutral | Buy | Neutral | |
| Alligator (13; 8; 5) | Sell | Sell | Neutral | |
| SAR (0.02; 0.2) | Sell | Sell | Buy | |
| Aggregate | ⇘ | ⇘ | ⇒ | |
The New Zealand Dollar has continued to edge lower against the US Dollar. The exchange rate plunged by about 83 base points during the end of Friday's trading session.
Currently, the currency pair is trading near a resistance level formed by the 50-hour simple moving average at 0.6752.
If the currency exchange rate passes the 50-hour SMA, a resistance cluster set by the combination of the weekly and the monthly pivot points at 0.6766 could stop the surge.
Meanwhile, technical indicators demonstrate that the pair will continue its downside movement today.