| Positions | Today | Yesterday | % Change | |
| Longs | 59% | 62% | -5.08% | |
| Shorts | 41% | 38% | 7.32% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Sell | Sell | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Buy | Neutral | Neutral | |
| Alligator (13; 8; 5) | Sell | Sell | Sell | |
| SAR (0.02; 0.2) | Sell | Sell | Sell | |
| Aggregate | ⇘ | ⇘ | ⇘ | |
After hitting the weekly resistance level at 0.6841, the NZD/USD currency pair began to decline. As a result, the exchange rate breached both the 200-, 55-, and 100-hour SMAs by the end of Tuesday's trading session.
During the second half to Wednesday's session, the pair bounced off the lower boundary of an ascending channel. However, the aforementioned SMAs might provide resistance to the rate.
Technical indicators are in favour of bears to continue their dominance in the market over the currency exchange rate within this trading hours. Nevertheless, a brief retracement north might still be a possibility.