| Positions | Today | Yesterday | % Change | |
| Longs | 49% | 53% | -8.16% | |
| Shorts | 51% | 47% | 7.84% | |
| 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 has traded with decreased volatility against the US Dollar since yesterday. The reason was the pair bouncing between two competing level of significance.
The exchange rate was bouncing between a resistance formed by the monthly pivot point at 0.7048 and a support set by the weekly S1 at 0.7011. Technical indicators suggest the currency pair could fall lower.
Everything being equal, the NZD/USD currency exchange rate could breakout from the aforementioned support level during the following trading sessions. If and when this situation occurs, a corrective move is likely at 0.6935 which is a support cluster.