| Positions | Today | Yesterday | % Change | |
| Longs | 59% | 58% | 1.69% | |
| Shorts | 41% | 42% | -2.44% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Buy | Sell | Sell | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Neutral | Buy | Neutral | |
| Alligator (13; 8; 5) | Neutral | Sell | Sell | |
| SAR (0.02; 0.2) | Sell | Sell | Sell | |
| Aggregate | ⇒ | ⇘ | ⇘ | |
The New Zealand Dollar continues to trade within a junior ascending channel. The rate has nevertheless failed to reach the lower channel boundary for the fourth consecutive session, being restricted either by the 55-, 100– or 200-hour SMA.
Meanwhile, technical indicators indicate that the latter might actually be breached during the following hours, thus pushing the rate down to the 0.6850 area where the weekly S1 is located.
In case this scenario does not occur, the rate is unlikely to move past the weekly R1 or the monthly PP at 0.6963 and 0.6983, respectively.
By and large, it is expected that the Kiwi could gain strength against the US Dollar within this week and try to approach the upper boundary of the senior channel.