This majors based NZD index has been moving within a range on the daily chart between support at .7625 and resistance at .7825. Today's price action was indecisive near support. A close above today's highs, .7005, would show NZD strength and a move up to resistance could be underway. A break below would be showing further NZD weakness, as it has already moved from the highs. Given the weekly downtrend, a break below has the potential of a larger move.