| Positions | Today | Yesterday | % Change | |
| Longs | 42% | 43% | -2.38% | |
| Shorts | 58% | 57% | 1.72% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Buy | Sell | Buy | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Sell | Sell | Sell | |
| Alligator (13; 8; 5) | Buy | Sell | Neutral | |
| SAR (0.02; 0.2) | Buy | Sell | Sell | |
| Aggregate | ⇗ | ⇓ | ⇒ | |
Upside risks remained dominant in the market mid-Thursday, as the New Zealand Dollar managed to dash through a combined resistance of the weekly PP and the 200-hour SMA circa 0.7115. This bullish signal was followed by further appreciation until the Kiwi reached the 0.7150 mark.
The chart demonstrates the existence of a narrow ascending channel that has confined the rate for the last four trading sessions.
Sluggish US fundamentals mid-Friday pushed the rate past its upper boundary and towards 0.7185. This strong upside momentum, however, should allay in the nearest hours, paving a way for a possible reversal.
The nearest significant support is the 55– and 200-hour SMAs and the monthly PP circa 0.7110.