| Positions | Today | Yesterday | % Change | |
| Longs | 64% | 66% | -3.13% | |
| Shorts | 36% | 34% | 5.56% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Sell | Sell | |
| RSI (14) | Neutral | Buy | Neutral | |
| Stochastic (5; 3; 3) | Sell | Buy | Neutral | |
| Alligator (13; 8; 5) | Neutral | Sell | Sell | |
| SAR (0.02; 0.2) | Buy | Sell | Sell | |
| Aggregate | ⇒ | ⇒ | ⇘ | |
The Kiwi was limited by the 55– and 100-hour SMAs for most of the session on Tuesday. This lack of momentum, however, was disrupted late in the evening when solid labour data put an upward pressure on the rate towards the 0.69 mark.
Given the characteristics of this move, the rate is seemingly forming a retracement from the lower channel boundary breached on October 24.
Technical indicators are neutral in this session, however, it is more likely that the pair is tended slightly southwards down to the 0.6860/40 area where the aforementioned 55– and 100-hour SMAs are located.
Subsequently, a reversal might occur, as the Kiwi is likely to respect the bottom boundary of the newly-established short-term channel up—a move that would likewise be in line with the senior descending channel.