| Positions | Today | Yesterday | % Change | |
| Longs | 60% | 55% | 8.33% | |
| Shorts | 40% | 45% | -12.50% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Sell | Sell | |
| RSI (14) | Buy | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Buy | Neutral | Sell | |
| Alligator (13; 8; 5) | Sell | Sell | Sell | |
| SAR (0.02; 0.2) | Sell | Buy | Sell | |
| Aggregate | ⇒ | ⇒ | ⇓ | |
The New Zealand Dollar was holding its positions steady on Thursday, as it was fluctuating with narrow range around the 0.6850 mark. This session started with a sudden hourly surge which was swiftly halted by the weekly S1 and the 100-hour SMA. Subsequently, bulls took the upper hand and thus had pushed the rate as low as the 0.6780 mark by mid-session.
Technical indicators suggest that a minor recovery should be due soon. However, the scope of this upward movement is yet unknown. It is likely that bulls and bears affect the market in an equal manner, thus allowing the rate to enter a period of consolidation. The overall movement, however, should be tended north.
In case the weekly S2 at 0.6822 is breached, the next significant resistance is the 55– and 100-hour SMA and the weekly S1 circa 0.6860.