| Positions | Today | Yesterday | % Change | |
| Longs | 51% | 66% | -29.41% | |
| Shorts | 49% | 34% | 30.61% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Sell | Sell | |
| RSI (14) | Buy | Buy | Neutral | |
| Stochastic (5; 3; 3) | Sell | Neutral | Neutral | |
| Alligator (13; 8; 5) | Sell | Sell | Sell | |
| SAR (0.02; 0.2) | Sell | Sell | Sell | |
| Aggregate | ⇘ | ⇘ | ⇘ | |
[ANNOUNCE] Even though the New Zealand Dollar has diminished the steepness of its price decrease, the given currency has nevertheless remained under bearish pressure. [/ANNOUNCE]
The pair continues to trade along the lower boundary of the junior channel in a diminishing range between the 55-hour SMA and the weekly S1. This range should be breached in the following trading session.
Technical indicators suggest that the former might provide a stronger barrier, thus sending the Kiwi for a further decline.
Given that the US is to release its Advance GDP for the third quarter of 2017 mid-Friday, traders might be reluctant to introduce major changes to the overall price level.
Thus, the Kiwi could fluctuate between the 100-hour SMA and the monthly S3 in the 0.6925/0.6810 area.