| Positions | Today | Yesterday | % Change | |
| Longs | 58% | 41% | 29.31% | |
| Shorts | 42% | 59% | -40.48% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Sell | Buy | |
| RSI (14) | Buy | Buy | Neutral | |
| Stochastic (5; 3; 3) | Neutral | Neutral | Sell | |
| Alligator (13; 8; 5) | Sell | Sell | Buy | |
| SAR (0.02; 0.2) | Sell | Sell | Sell | |
| Aggregate | ⇘ | ⇘ | ⇒ | |
The New Zealand has weakened substantially against the US Dollar during the past two-and-a-half trading sessions. The given plunge halted at the 0.7060 mark when the Kiwi gathered strength and tried to recover some of its losses. This movement upwards, however, was not long-lived, as the rate opened low on Monday—near the aforementioned 0.7060 area.
As apparent on the chart, the Kiwi has recovered slightly, but it does still face a strong resistance of the monthly S1 and the 55-hour SMA circa 0.7095.
Even though technical indicators demonstrate continuous downside pressure, the pair is expected to remain within the 0.7060/0.7095 area, as no fundamentals events that could help to overcome either of this barrier are scheduled for the upcoming 24 hours.