| Positions | Today | Yesterday | % Change | |
| Longs | 54% | 56% | -3.70% | |
| Shorts | 46% | 44% | 4.35% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Sell | Sell | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Neutral | Buy | Neutral | |
| Alligator (13; 8; 5) | Sell | Sell | Sell | |
| SAR (0.02; 0.2) | Sell | Buy | Sell | |
| Aggregate | ⇘ | ⇒ | ⇘ | |
The New Zealand Dollar has been trading in a one-week descending channel against the US Dollar. The currency pair tested the lower boundary of the channel during the end of yesterday's session.
Currently, the exchange rate is trading near the bottom border of the channel pattern and could be set for a breakout.
If this breakout occurs, the price might aim at the weekly S2 at 0.6452 during the following trading session.
However, the currency exchange rate could reverse from current price level and aim at the 50-hour simple moving average at 0.6542 within this session.