| Positions | Today | Yesterday | % Change | |
| Longs | 58% | 41% | 29.31% | |
| Shorts | 42% | 59% | -40.48% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Sell | Buy | |
| RSI (14) | Buy | Buy | Neutral | |
| Stochastic (5; 3; 3) | Neutral | Neutral | Sell | |
| Alligator (13; 8; 5) | Sell | Sell | Buy | |
| SAR (0.02; 0.2) | Sell | Sell | Sell | |
| Aggregate | ⇘ | ⇘ | ⇒ | |
[ANNOUNCE] The New Zealand has weakened substantially against the US Dollar during the past two-and-a-half trading sessions. [/ANNOUNCE] The given plunge halted at the 0.7060 mark when the Kiwi gathered strength and tried to recover some of its losses. This movement upwards, however, was not long-lived, as the rate opened low on Monday—near the aforementioned 0.7060 area.
As apparent on the chart, the Kiwi has recovered slightly, but it does still face a strong resistance of the monthly S1 and the 55-hour SMA circa 0.7095.
Even though technical indicators demonstrate continuous downside pressure, the pair is expected to remain within the 0.7060/0.7095 area, as no fundamentals events that could help to overcome either of this barrier are scheduled for the upcoming 24 hours.