| Positions | Today | Yesterday | % Change | |
| Longs | 43% | 43% | 0.00% | |
| Shorts | 57% | 57% | 0.00% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Sell | Buy | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Sell | Sell | Neutral | |
| Alligator (13; 8; 5) | Sell | Sell | Buy | |
| SAR (0.02; 0.2) | Sell | Sell | Buy | |
| Aggregate | ⇓ | ⇓ | ⇗ | |
NZD/USD continues to respect the boundaries of a medium-term descending channel. The Kiwi halted at an intersection of the lower channel line and the 38.2% Fibonacci prior to touching the weekly S1 at 0.7178.
The jump that resulted from weak US fundamentals, confirmed the previously-existing assumption that the rate might appreciate in this session. In the wake of these US data, bulls are likely to remain the dominant force in the market and therefore push the New Zealand Dollar towards the 100– and 200-hour SMAs.
By and large, the channel should guide the pair during the first half of September, thus seeing a minor recovery from the current down-trend.