| Positions | Today | Yesterday | % Change | |
| Longs | 54% | 53% | 1.85% | |
| Shorts | 46% | 47% | -2.17% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Buy | Sell | Sell | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Neutral | Neutral | Neutral | |
| Alligator (13; 8; 5) | Buy | Neutral | Sell | |
| SAR (0.02; 0.2) | Buy | Buy | Sell | |
| Aggregate | ⇗ | ⇒ | ⇘ | |
The New Zealand Dollar has remained stable against the US Dollar on Wednesday. A move above 0.70 was limited by the upper boundary of an ascending pattern. The pair was supported by the 55– hour simple moving average at 0.7035.
It is likely that the currency pair tires to edge higher within this session; however, a big movement is unlikely to happen today, as the rate first need to gather enough momentum to surpass the aforementioned resistance.
Technical indicators demonstrate strong decline for the NZD/USD currency exchange rate this week. In case bears took control of the market, it could encounter a support set by the 100– hour SMA.