| Positions | Today | Yesterday | % Change | |
| Longs | 46% | 51% | -10.87% | |
| Shorts | 54% | 49% | 9.26% | |
| 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 NZD/USD pair has been constrained by a descending channel. On Thursday, the currency pair was guided by bears who strengthen their position during the end of US session.
By the middle of Friday's trading session, the exchange rate has breached the monthly pivot point at 0.7048. The 55– hour simple moving average has directed the price movement further south.
In the meantime, the currency exchange rate is likely to continue its decline. However, a corrective move north is expected within this trading day. Meanwhile, technical indicators demonstrate that bears could grow stronger during the following trading session.