| Positions | Today | Yesterday | % Change | |
| Longs | 64% | 62% | 3.13% | |
| Shorts | 36% | 38% | -5.56% | |
| 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) | Buy | Neutral | Sell | |
| SAR (0.02; 0.2) | Buy | Buy | Sell | |
| Aggregate | ⇗ | ⇒ | ⇘ | |
Upside momentum dominated the market on Friday, thus allowing the New Zealand Dollar to gained 74 base points against the US Dollar. The surge, however, was due to Fed Chairman Jerome Powell speech.
By the middle of Monday's session, the currency pair has reached a support cluster formed by the combination of the 100-hour simple moving average and the weekly pivot point at 0.6677.
If this support cluster holds, the NZD/USD currency exchange rate could continue its movement in an ascending channel within this session and likely push higher towards the upper boundary of a dominant descending channel during the following trading sessions.