| Positions | Today | Yesterday | % Change | |
| Longs | 35% | 37% | -5.71% | |
| Shorts | 65% | 63% | 3.08% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Buy | Buy | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Buy | Sell | Sell | |
| Alligator (13; 8; 5) | Sell | Buy | Buy | |
| SAR (0.02; 0.2) | Buy | Buy | Buy | |
| Aggregate | ⇒ | ⇗ | ⇗ | |
The bearish movement continues to prevail against the NZD/USD since late January. The pair tested the 50.00% Fibonacci retracement level during the end of the Tuesday's trading session and moved back south. This retracement can be measured by connecting the high at 0.7440 and the low at 0.7248.
By the end of the European trading session, the NZD/USD pair was stranded between SMAs. The 55—hour SMA was providing support at 0.7293 and the 100—hour SMA proving resistance at 0.7321.
In the short term, the pair could retrace south to test the weekly S1 at the 0.7248 mark.