| Positions | Today | Yesterday | % Change | |
| Longs | 40% | 38% | 5.00% | |
| Shorts | 60% | 62% | -3.33% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Sell | Buy | |
| RSI (14) | Buy | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Neutral | Sell | Sell | |
| Alligator (13; 8; 5) | Sell | Sell | Buy | |
| SAR (0.02; 0.2) | Sell | Buy | Buy | |
| Aggregate | ⇘ | ⇘ | ⇗ | |
The New Zealand Dollar has bee trading in a channel down against the US Dollar since early February. The Pair Jumped off the upper boundary of a dominant channel on February 5 and has since remained bearish.
The currency pair is gradually moving north for a re-test of the weekly pivot point at 0.7253, where the 55-hour simple moving average is located.
Meanwhile, technical indicators flash sell signals. This could suggest that there is going to be a reverse south if the previously mentioned resistance holds. Traders are advised to look for opportunities to trade either direction if and when the situation occurs.