| Positions | Today | Yesterday | % Change | |
| Longs | 38% | 37% | 2.63% | |
| Shorts | 62% | 63% | -1.61% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Buy | Buy | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Neutral | Sell | Sell | |
| Alligator (13; 8; 5) | Sell | Buy | Buy | |
| SAR (0.02; 0.2) | Sell | Buy | Buy | |
| Aggregate | ⇘ | ⇗ | ⇗ | |
Downside momentum continues to push the Kiwi lower against the US Dollar. The pair has lost almost all gains it accumulated during the past two days.
After reaching the 61.80% Fibonacci retracement level, the currency pair takes a dive south and move past the monthly PP at 0.7293. This retracement can be measured by connecting the low at 0.7271 and the high at 0.7438.
The bearish sentiment might be in play for the following trading session. However, the fall might be stopped by the weekly S1 at 0.7243 where the lower boundary of a channel down is located.