| Positions | Today | Yesterday | % Change | |
| Longs | 59% | 58% | 1.69% | |
| Shorts | 41% | 42% | -2.44% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Sell | Buy | |
| RSI (14) | Buy | Buy | Neutral | |
| Stochastic (5; 3; 3) | Sell | Sell | Sell | |
| Alligator (13; 8; 5) | Sell | Sell | Neutral | |
| SAR (0.02; 0.2) | Buy | Sell | Sell | |
| Aggregate | ⇒ | ⇘ | ⇒ | |
The New Zealand Dollar managed to recover some lost positions against the Greenback early on Monday and thus return near its mid-Friday level. The rate made a false breakout of the descending channel; thus, its lower line was adjusted accordingly to include the pair's latest trough.
Meanwhile, it faces the resistance of the 55-hour SMA slightly below the psychological level of 0.70. The pair should test this area in the upcoming hours; however, it is yet to be seen whether or not it is breached.
In case of a positive outcome, the upside target should be the weekly PP at 0.7032. Conversely, the US Dollar might still re-test the lower channel boundary near 0.6920/40. This area, however, is likely to hold and send the pair for a slight appreciation.