| Positions | Today | Yesterday | % Change | |
| Longs | 59% | 58% | 1.69% | |
| Shorts | 41% | 42% | -2.44% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Buy | Sell | Sell | |
| RSI (14) | Sell | Neutral | Buy | |
| Stochastic (5; 3; 3) | Neutral | Sell | Neutral | |
| Alligator (13; 8; 5) | Buy | Sell | Sell | |
| SAR (0.02; 0.2) | Buy | Buy | Sell | |
| Aggregate | ⇗ | ⇘ | ⇘ | |
The New Zealand Dollar depreciated about 60 base points against the US Dollar on Wednesday. The currency pair was pressured south by a resistance cluster formed by the weekly and the monthly PPs at 0.6598.
Presently, the pair is trading near the 50-hour simple moving average at 0.6573. if the resistance line holds, the exchange rate could target at the 100-hour SMA at 0.6552.
However, if the currency exchange rate passes that resistance level, bullish traders could aim for a re-tests of the resistance cluster as mentioned above during the following trading session.