| Positions | Today | Yesterday | % Change | |
| Longs | 41% | 43% | -4.88% | |
| Shorts | 59% | 57% | 3.39% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Sell | Buy | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Sell | Sell | Sell | |
| Alligator (13; 8; 5) | Sell | Sell | Buy | |
| SAR (0.02; 0.2) | Sell | Sell | Sell | |
| Aggregate | ⇓ | ⇓ | ⇒ | |
The New Zealand Dollar has depreciated moderately against the US Dollar since mid-Friday. However, if looking at the pair's movement during the last four trading session, it is apparent that a relatively flat descending channel has been formed.
The rate fell down to a four-week low at 0.7170, while being restricted by the 55– and 100-hour SMA from the upside.
Technical indicators support the rate approaching the upper channel line circa 0.7235—an area likewise reinforced by the weekly PP and the 23.6% Fibonacci retracement.
However, the aforementioned SMAs might provide strong resistance, thus pressuring the rate for a movement sideways or a fall back down to the 0.7130 area.