| Positions | Today | Yesterday | % Change | |
| Longs | 44% | 43% | 2.27% | |
| Shorts | 56% | 57% | -1.79% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Buy | Sell | Buy | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Buy | Neutral | Neutral | |
| Alligator (13; 8; 5) | Buy | Neutral | Buy | |
| SAR (0.02; 0.2) | Sell | Buy | Sell | |
| Aggregate | ⇗ | ⇒ | ⇒ | |
The New Zealand Dollar has continued to be maintaining a two-week ascending channel against the US Dollar. The currency pair bounced off the lower boundary of the channel up on March 21 and has since surged.
However, the NZD/USD currency pair has begun a corrective move south and has moved past the 55-, 100-, and the 200– hour SMAs. Meanwhile, the exchange rate has finds supports at a support cluster set by the combination of the weekly and the monthly pivot points near the 0.7252 area.
Technical indicators suggest that bulls could take control of the market within this session. Nevertheless, things might be very different as traders await the US non-farm employment change data release scheduled at 12:30 GMT.