| Positions | Today | Yesterday | % Change | |
| Longs | 36% | 34% | 5.56% | |
| Shorts | 64% | 66% | -3.12% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Buy | Buy | Sell | |
| RSI (14) | Neutral | Sell | Neutral | |
| Stochastic (5; 3; 3) | Buy | Sell | Sell | |
| Alligator (13; 8; 5) | Buy | Buy | Neutral | |
| SAR (0.02; 0.2) | Buy | Buy | Buy | |
| Aggregate | ⇑ | ⇒ | ⇒ | |
NZD/USD was stranded between the 55– and 100-hour SMAs and the weekly and monthly R1s during the previous session. Its inability to gain momentum in either direction resulted in a slight consolidation between the aforementioned barriers. The northern side, however, surrendered mid-today when the Kiwi tested the 0.7230 mark.
Technical indicators suggest that there might still be slight upward potential until the weekly R2 is reached at 0.7258. By and large, the rate might fail to sustain its upward momentum for long and try edging lower within the following session, and it is expected that the 55– and 100-hour SMAs and the 50.0% Fibo retracement provides strong support.
Thus, the Kiwi might continue trading sideways near the 0.72 area.