| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Buy | Sell | Sell |
| RSI (14) | Neutral | Neutral | Neutral |
| Stochastic (5; 3) | Neutral | Neutral | Neutral |
| Alligator (13; 8; 5) | Buy | Sell | Sell |
| SAR (0.02; 0.2) | Buy | Buy | Sell |
| Aggregate | ⇗ | ⇒ | ⇘ |
The dominant pattern which has constrained the NZD/CHF exchange rate since early April is a descending channel. The Kiwi reversed from its upper boundary located at 0.6660 on July 2. This level is likewise the pair's lowest mark since May 2016.
The New Zealand Dollar has since regained strength against the Franc, but has nevertheless failed to overcome the monthly PP at 0.68 for the last two weeks.
The daily technical indicators remain bullish, so this period of consolidation might be a minor weakness against the overall trend north. It is expected that the Kiwi falls down to the combined support of the 55– and 100-period (4H) SMAs at 0.6750 prior to re-gaining upside momentum and pushing for the 200-period SMA or the weekly R1 and the 200-day moving average at 0.6850 and 0.6900, respectively, during the following two weeks.