price is currently looking bullish to me with price above the 200ema and currently rallying toward the trend line which has held for some time now. An inverse head and shoulders pattern on the daily time frame seems to be forming with the neckline in confluence with my key resistance level. A BRC of the trend line and a break of the neckline will be needed for my entry. My overall target is 1.1300 which is the height of the head and shoulders pattern and also in confluence with my key resistance level and the third touch of the trend line.
Agreed. I see sustained NZD weakness.