| Positions | Today | Yesterday | % Change | |
| Longs | 56% | 56% | 0.00% | |
| Shorts | 44% | 44% | 0.00% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Sell | Sell | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Neutral | Neutral | Neutral | |
| Alligator (13; 8; 5) | Sell | Neutral | Sell | |
| SAR (0.02; 0.2) | Sell | Buy | Sell | |
| Aggregate | ⇘ | ⇒ | ⇘ | |
The New Zealand Dollar traded sideways against the Canadian Dollar on Tuesday. The currency pair was moving along the 100-hour simple moving average and the 200-hour SMA during the previous session.
The price breached the lower boundary of a two-week ascending channel at 0.6549 during the first part of Wednesday trading session.
Given that the NZD/USD exchange rate has broken the two weeks channel pattern, the next target for the bearish traders could be at a support cluster formed by the combination of the weekly and the monthly PPs near the 0.6522 area during the following trading session.