| Positions | Today | Yesterday | % Change | |
| Longs | 61% | 58% | 4.92% | |
| Shorts | 39% | 42% | -7.69% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Buy | Sell | Sell | |
| RSI (14) | Sell | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Sell | Sell | Neutral | |
| Alligator (13; 8; 5) | Buy | Sell | Sell | |
| SAR (0.02; 0.2) | Buy | Buy | Sell | |
| Aggregate | ⇒ | ⇘ | ⇘ | |
Upside risks prevailed in the market on Wednesday, thus allowing the New Zealand Dollar to gain about 80 base points or 1.21% against the US Dollar. The currency pair tested the upper boundary of a one-week ascending channel yesterday.
The exchange rate is presently trading near a monthly resistance level at 0.6664. A breakout from this resistance level is a possibility within this session.
If this breakout occurs, the next target for the rate will be the weekly R3 at 0.6690.
If the monthly resistance level at 0.6664 holds, the currency exchange rate could return to the one-week ascending channel.