| Positions | Today | Yesterday | % Change | |
| Longs | 57% | 52% | 8.77% | |
| Shorts | 43% | 48% | -11.63% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Sell | Buy | |
| RSI (14) | Buy | Buy | Neutral | |
| Stochastic (5; 3; 3) | Neutral | Buy | Neutral | |
| Alligator (13; 8; 5) | Sell | Sell | Buy | |
| SAR (0.02; 0.2) | Sell | Sell | Sell | |
| Aggregate | ⇘ | ⇒ | ⇒ | |
The New Zealand Dollar has been trading in a descending channel against the Greenback since mid-April. The exchange rate tested the upper boundary of a large-scale triangle on April 13 and began a new wave down.
Given that a breakout had occurred, the NZD/USD currency pair could be set for a long-term movement to the downside. However, the first part of today introduces no significant change as the rate was trading with low volatility.
Technical indicators demonstrate that the currency exchange rate could decline further south.
As for near future, bears are likely to grow stronger during the next trading sessions.