| Positions | Today | Yesterday | % Change | |
| Longs | 53% | 55% | -3.77% | |
| Shorts | 47% | 45% | 4.26% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Buy | Sell | Sell | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Neutral | Neutral | Neutral | |
| Alligator (13; 8; 5) | Neutral | Sell | Sell | |
| SAR (0.02; 0.2) | Buy | Sell | Sell | |
| Aggregate | ⇗ | ⇘ | ⇘ | |
The New Zealand Dollar traded between the 200-hour SMA and the 100-hour simple moving average against the US Dollar on Monday. The currency pair has revealed a new narrow ascending channel pattern today.
In regards to the short-term future, it is likely that the NZD/USD currency pair continues its upwards momentum within this session. The price could aim at a resistance cluster formed by the weekly and the monthly pivot points near the 0.6602 regions during the following trading session.
However, technical indicators on the daily time frame suggest that the currency exchange rate will decline today.