| Positions | Today | Yesterday | % Change | |
| Longs | 54% | 54% | 0.00% | |
| Shorts | 46% | 46% | 0.00% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Buy | Buy | Sell | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Sell | Sell | Sell | |
| Alligator (13; 8; 5) | Buy | Buy | Sell | |
| SAR (0.02; 0.2) | Buy | Buy | Sell | |
| Aggregate | ⇗ | ⇗ | ⇓ | |
After testing the 55– and 100-hour SMAs mid-Thursday, the New Zealand Dollar tried to regain its upwards momentum. The Kiwi, however, failed to push above the 0.7023 and thus returned near the aforementioned SMAs.
This move provided another confirmation of a short-term descending channel. In line with this pattern, the pair should edge lower early next week. This scenario might not succeed in this session due to a significant cluster located circa 0.6650. The bottom channel line of a four-week channel is likewise located nearby.
Taking all this into account, the Kiwi is more likely to either appreciate in this session or remain steady just above the above support area. The nearest resistance is located near 0.7045.