| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Sell | Sell | Buy |
| RSI (14) | Neutral | Neutral | Neutral |
| Stochastic (5; 3) | Neutral | Neutral | Neutral |
| Alligator (13; 8; 5) | Sell | Sell | Buy |
| SAR (0.02; 0.2) | Sell | Sell | Buy |
| Aggregate | ⇘ | ⇘ | ⇗ |
The New Zealand Dollar has been weakening against the Swiss Franc in a steep channel down. This movement has been likewise bounded by a two-month channel. The pair tested the senior pattern last week and subsequently entered a minor period of consolidation.
The pair's positioning in the aforementioned senior pattern suggests that the Kiwi could eventually pick up momentum and target its upper line, the nearby-located 38.20% Fibonacci retracement and the monthly PP circa 0.6980. It is likely that this resistance surrenders and thus allows for further advance. Technical indicators demonstrate that this surge might occur in a week's time.
In the meantime, some downward potential is still apparent in the market during the following sessions. This fall, however, should not be significant, as the monthly and weekly S1s and a channel line are located at 0.6850.