| Positions | Today | Yesterday | % Change | |
| Longs | 44% | 42% | 4.55% | |
| Shorts | 56% | 58% | -3.57% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Buy | Buy | Sell | |
| RSI (14) | Neutral | Sell | Neutral | |
| Stochastic (5; 3; 3) | Buy | Buy | Sell | |
| Alligator (13; 8; 5) | Buy | Buy | Sell | |
| SAR (0.02; 0.2) | Buy | Buy | Buy | |
| Aggregate | ⇑ | ⇗ | ⇘ | |
After testing the two-month high at 0.7126 on Thursday, the New Zealand Dollar went for a strong hourly surge that pushed the rate up to the weekly R1 at 0.7156. A subsequent surge, however, did not follow, as the pair entered a minor period of consolidation around this resistance line.
The aforementioned surge has sent technical indicators in the overbought area. In addition, considering that traders have shown indecisiveness for several hours, the general trend for the next session could be southwards closer to the 55– and 100-hour SMAs circa 0.7120.
In case the rate edges higher, the weekly R2 should restrict further gains.