| Positions | Today | Yesterday | % Change | |
| Longs | 36% | 38% | -5.56% | |
| Shorts | 64% | 62% | 3.13% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Buy | Buy | Buy | |
| RSI (14) | Sell | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Neutral | Sell | Neutral | |
| Alligator (13; 8; 5) | Buy | Buy | Buy | |
| SAR (0.02; 0.2) | Buy | Buy | Sell | |
| Aggregate | ⇗ | ⇗ | ⇒ | |
The New Zealand Dollar was guided primarily by bullish sentiment yesterday against the US Dollar as a result, the pair breached the upper boundary of a dominant ascending channel.
Given that a breakout had occurred and a theoretical confirmation, it is expected for the NZD/USD exchange rate to continue its bullish momentum. However, the pair encountered a resistance set by the weekly R2 at 0.7390 during the European session on Thursday.
Should in case the bulls continue to prevail, the currency exchange rate could be heading for a potential high at 0.7458 which is a resistance cluster formed by the combination of the weekly and the monthly PPs.