| Positions | Today | Yesterday | % Change | |
| Longs | 44% | 46% | -4.55% | |
| Shorts | 56% | 54% | 3.57% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Sell | Buy | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Neutral | Sell | Sell | |
| Alligator (13; 8; 5) | Sell | Sell | Buy | |
| SAR (0.02; 0.2) | Sell | Sell | Sell | |
| Aggregate | ⇘ | ⇓ | ⇒ | |
After failing to breach the 100-hour SMA near 0.72 on Wednesday, the bearish sentiment prevailed and sent the pair down to the weekly S1 once again. Subsequently, the rate consolidated and remained near this level until mid-Thursday.
Technical indicators demonstrate that there is still some downside potential that is likely to affect the pair in the upcoming hours. By and large, this fall might not even be so significant, and thus today's consolidation could continue with the Kiwi trading along the bottom channel boundary.
A possible stopping point should be the 0.7130 area where the four-month low is located. The New Zealand Dollar has failed to move above the 55– and 100-hour SMAs during the past six sessions, suggesting that the same situation might occur on Friday, as well.