| Positions | Today | Yesterday | % Change | |
| Longs | 52% | 58% | -11.54% | |
| Shorts | 48% | 42% | 12.50% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Sell | Buy | |
| RSI (14) | Neutral | Buy | Neutral | |
| Stochastic (5; 3; 3) | Buy | Neutral | Sell | |
| Alligator (13; 8; 5) | Sell | Sell | Buy | |
| SAR (0.02; 0.2) | Buy | Sell | Sell | |
| Aggregate | ⇒ | ⇘ | ⇒ | |
As previously expected, the New Zealand Dollar was standing rather still during the past trading session, as it remained between its four month low and the monthly S1 at 0.7060 and 0.7095, respectively. The pair's attempts to edge higher was disrupted by the 55-hour SMA that even diminished its trading range on Tuesday.
As apparent on the chart, the rate has been trading in a falling wedge since mid-September. The upper boundary of this pattern is located nearby; thus, a breakout to the upside could be the most probable scenario.
In case the 55-hour SMA is finally breached, the Kiwi might push towards the 100-hour SMA and the weekly PP circa 0.7110. Even though the rate might still move below its four-month high, this situation is unlikely.