| Positions | Today | Yesterday | % Change | |
| Longs | 45% | 54% | -20.00% | |
| Shorts | 55% | 46% | 16.36% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Buy | Buy | Sell | |
| RSI (14) | Sell | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Sell | Buy | Sell | |
| Alligator (13; 8; 5) | Buy | Buy | Sell | |
| SAR (0.02; 0.2) | Buy | Buy | Sell | |
| Aggregate | ⇒ | ⇑ | ⇓ | |
Bullish pressures have allowed the New Zealand Dollar to appreciate against the Greenback during the previous 24 hours. This surge began when the Kiwi bounced off the 55-hour SMA mid-Tuesday.
This upward surge was halted by the 38.20% Fibonacci retracement. It is, however, yet to be seen if this is just a minor consolidation or a correction south.
The pair breached a two-week ascending channel early on Wednesday. Thus, from theoretical point of view, a rebound from this pattern should occur soon.
It is more likely that the Kiwi is tended southwards in this session. A possible downside target could be the 55-hour SMA and the monthly PP circa 0.7032.