| Positions | Today | Yesterday | % Change | |
| Longs | 57% | 57% | 0.00% | |
| Shorts | 43% | 43% | 0.00% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Sell | Sell | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Sell | Sell | Sell | |
| Alligator (13; 8; 5) | Sell | Sell | Sell | |
| SAR (0.02; 0.2) | Sell | Sell | Sell | |
| Aggregate | ⇓ | ⇓ | ⇓ | |
The general direction of the New Zealand Dollar during the previous session was tended south. Apart from a brief test of the 200-hour SMA mid-day, the Kiwi was trading along the lower boundary of a one-week descending channel.
Technical indicators suggest that the same bearish sentiment is likely to prevail during this session and even beyond. Given that the pair is facing the combined resistance of the monthly and weekly PPs and the 55-hour SMA circa 0.6860, this is the most likely scenario.
The nearest southern barrier in this case is the weekly S1 at 0.6816. Nevertheless, it is also possible that bulls do not give in their positions so easily—a move that could result in a minor consolidation period between 0.6840 and 0.6865.