| Positions | Today | Yesterday | % Change | |
| Longs | 46% | 43% | 6.52% | |
| Shorts | 54% | 57% | -5.56% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Sell | Buy | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Sell | Sell | Sell | |
| Alligator (13; 8; 5) | Sell | Sell | Buy | |
| SAR (0.02; 0.2) | Sell | Sell | Sell | |
| Aggregate | ⇓ | ⇓ | ⇒ | |
The New Zealand Dollar remained near the weekly S1 at 0.7159 during the most of Tuesday's session. This minor consolidation was disrupted by a sudden surge during the first hour of today when the rate tested the 100-hour SMA circa 0.72. This psychological resistance area pushed the rate lower once again.
Taking into account that the previously-drawn channel was breached to the downside, the boundaries of this patter were shifted south. Thus, the upper channel boundary is currently located near the 200-hour SMA, the weekly PP and the 23.6% Fibo near 0.7230.
Technical indicators suggest that there is still some upside potential that is likely to be realised in the upcoming hours. The rate might struggle to overcome the 100-hour SMA, but it could eventually approach the upper channel line.