| Positions | Today | Yesterday | % Change | |
| Longs | 44% | 41% | 6.82% | |
| Shorts | 56% | 59% | -5.36% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Sell | Buy | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Neutral | Sell | Buy | |
| Alligator (13; 8; 5) | Sell | Sell | Buy | |
| SAR (0.02; 0.2) | Sell | Sell | Buy | |
| Aggregate | ⇘ | ⇓ | ⇑ | |
The NZD/USD exchange rate has been trading in a channel down since mid-February. The pair tested the upper boundary of a dominant channel on February 16 and followed by long period of decline.
Given that the currency pair has moved closer to the bottom border of a newly-formed descending channel, a breakout could be expected during the following trading session.
Technical indicators demonstrate that bears could continue their dominance over the currency exchange rate within this session. However, the rate could find support at 0.7169 which is the weekly S1.