| Positions | Today | Yesterday | % Change | |
| Longs | 42% | 42% | 0.00% | |
| Shorts | 58% | 58% | 0.00% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Buy | Buy | Sell | |
| RSI (14) | Neutral | Sell | Neutral | |
| Stochastic (5; 3; 3) | Sell | Sell | Sell | |
| Alligator (13; 8; 5) | Buy | Buy | Sell | |
| SAR (0.02; 0.2) | Sell | Buy | Buy | |
| Aggregate | ⇒ | ⇒ | ⇘ | |
After testing the weekly R1 at 0.7135, strong bearish sentiment took over the market as a result of which the New Zealand Dollar dashed through various support levels. This short-term fall halted when the rate reached the combined support of a lower channel line, the weekly S1 and the 38.2% Fibo near 0.7080.
The pair's movement during the previous trading sessions suggests that both ascending channels apparent on the chart are unlikely to hold for long. A slight movement upwards is still possible in this session although the 55-hour SMA could limit gains above 0.7120.
In case fundamentals do not influence the pair's direction massively, the Kiwi could continue trading in the 0.7120/0.7080 range. The ultimate low for today should be the 0.7060 area.