| Positions | Today | Yesterday | % Change | |
| Longs | 37% | 33% | 10.81% | |
| Shorts | 63% | 67% | -6.35% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Buy | Buy | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Sell | Sell | Sell | |
| Alligator (13; 8; 5) | Sell | Buy | Buy | |
| SAR (0.02; 0.2) | Sell | Sell | Buy | |
| Aggregate | ⇓ | ⇒ | ⇗ | |
The New Zealand Dollar has been depreciating in a descending channel against the US Dollar after it touched the upper boundary of a dominant channel on January 30.
A new junior pattern has been drawn to trail the market movement for a possible breakout.
In the coming days, traders need to watch out for a likely breakout through the upper boundary. If and when its happens, the rally might encounter resistance at the weekly pivot point at 0.7334.