The pair is in a clear sideways trend, while traders wait for tomorrow's leading indicators from Japan in August. The outlook for the pair is positive, unless the risk aversion comes in again.The pair is now trading at 65.50 yens per New Zealand dollar. The bands of Bollinger are narrowing, showing low volatility and a future reaction. The five minute RSI is in a neutral zone. However, the MACD shows an oversold situation, right now.If the trend remains to the upside, the next resistances are at 65.70 and 66.00. If the trend shifts, the supports are found at 65.25 and 65.00.

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