| Indicator | 1D | 1W | 1MN |
| MACD (12; 26; 9) | Buy | Sell | Sell |
| RSI (14) | Neutral | Neutral | Neutral |
| Stochastic (5; 3) | Sell | Neutral | Neutral |
| Alligator (13; 8; 5) | Buy | Neutral | Sell |
| SAR (0.02; 0.2) | Buy | Buy | Sell |
| Aggregate | ⇒ | ⇒ | ⇒ |
The New Zealand Dollar has picked up speed against the Swiss Franc during the past few weeks. This has allowed the pair to move away from the bottom boundary of a long-term range located at the 67.00 mark. This is also the lowest price level since July, 2016.
As apparent on the chart, the Kiwi found support at the 55– and 100-hour SMAs at 0.69 early in April and subsequently surged above 0.70 where the 50.0% Fibo retracement and the monthly R1 are located. This increase has sent technical indicators in the overbought area; thus, a minor correction south could still be possible either today or early next week.
Meanwhile, the pair's movement should be targeted towards the upper range line at 0.73 during the following weeks. The pair might find some resistance at the monthly R2 and the 61.80% Fibo retracement at 0.71 for a while prior to resuming its movement towards 0.73.
In case the strong support in the 0.69 area is breached, a fall down to the 0.67 mark is the most likely scenario.