Based on Daily TF the sentiment is up with a set up. This means that trade can be placed. I have marked a level which I believe the price will retrace to before rallying back up (0.68190 - 0.68429). My level for going short is also marked starting from 0.71472 to 0.72664. GBPNZD will also be a good pair to take along with NZDUSD but in opposite direction. They always move opposite to each other and potential of making some large pips on GBPNZD trades.
Komentar:
So the level was pierced before moving up and that mainly due to the news which hit (RBNZ kept the rate at 2.25%).