| Positions | Today | Yesterday | % Change | |
| Longs | 51% | 57% | -11.76% | |
| Shorts | 49% | 43% | 12.24% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Sell | Buy | |
| RSI (14) | Buy | Buy | Neutral | |
| Stochastic (5; 3; 3) | Buy | Buy | Neutral | |
| Alligator (13; 8; 5) | Sell | Sell | Buy | |
| SAR (0.02; 0.2) | Sell | Sell | Sell | |
| Aggregate | ⇒ | ⇒ | ⇒ | |
The New Zealand Dollar was pressured by bearish sentiment on Wednesday. As a result, the rate breached both the weekly S2 at 0.7090 and the lower boundary of a medium-scale triangle.
During the European trading session on Thursday, the currency exchange rate was trading with lower volatility as the market was consolidating. The NZD/USD pair was guided by the 55-hour simple moving average.
As for near future, it is likely that the currency pair continues to decline until it encounters a support cluster set by the weekly S2 and the monthly S3 near the 0.6979 area. Meanwhile, technical indicators flash sell signals.