| Positions | Today | Yesterday | % Change | |
| Longs | 49% | 42% | 14.29% | |
| Shorts | 51% | 58% | -13.73% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Buy | Sell | Buy | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Sell | Sell | Neutral | |
| Alligator (13; 8; 5) | Buy | Sell | Buy | |
| SAR (0.02; 0.2) | Buy | Buy | Sell | |
| Aggregate | ⇗ | ⇘ | ⇒ | |
As previously expected, the Kiwi depreciated against the US Dollar until 0.7230 when a sudden two-hour surge starting at 0600GMT pushed the rate as high as the 0.7310 mark. As a result, the New Zealand Dollar returned back in the ascending channel.
Nevertheless, it is rather clear the rate should resume its downward momentum and thus leave this pattern for good. The rate has in turn formed a new junior channel with two confirmations each side. As the pair has reversed near the 38.2% Fibonacci level, it might be assumed that a move southwards is the most likely scenario.
In general, the rate could strive for the 23.6% level; however, it still faces various significant supports along the way, such as a cluster formed by the weekly PP and the 100-hour SMA circa 0.7250.