| Positions | Today | Yesterday | % Change | |
| Longs | 58% | 56% | 3.45% | |
| Shorts | 42% | 44% | -4.76% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Buy | Buy | Sell | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Neutral | Neutral | Neutral | |
| Alligator (13; 8; 5) | Buy | Buy | Sell | |
| SAR (0.02; 0.2) | Sell | Buy | Sell | |
| Aggregate | ⇒ | ⇗ | ⇘ | |
Bears continue their dominance in the market for the NZD/USD currency pair. During the first part of today, the exchange rate breached the lower boundary of a junior ascending channel.
The price movement was guided by bearish sentiment. By the end of the European trading session on Monday, the currency pair has dashed through the weekly pivot point at 0.7024.
Everything being equal, the currency exchange rate could decline further south for a potential target set by the 200-hour simple moving average at the 0.7014 mark. On the daily time-frame, technical indicators flash bullish signals.