| Positions | Today | Yesterday | % Change | |
| Longs | 56% | 54% | 3.57% | |
| Shorts | 44% | 46% | -4.55% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Buy | Sell | Sell | |
| RSI (14) | Neutral | Neutral | Buy | |
| Stochastic (5; 3; 3) | Neutral | Neutral | Buy | |
| Alligator (13; 8; 5) | Buy | Sell | Sell | |
| SAR (0.02; 0.2) | Buy | Sell | Sell | |
| Aggregate | ⇗ | ⇘ | ⇒ | |
Downside momentum dominated the NZD/USD exchange rate on Friday. The pair plunged by 53 pips during the end of the previous trading session.
Currently, the currency pair is stranded between SMAs. The 200-hour simple moving average is providing support at 0.6554, while the 50-hour SMA is giving resistance at 0.6566.
A breakout from the SMAs is likely to occur within this session. Technical indicators favor an upside breakout.
However, the currency exchange rate might reverse from the current price level and breach the lower boundary of a junior ascending channel near 0.6548 during the following trading session.