NZD relatively weak by all accounts & EUR relatively strong. Shorts trapped below 1.6 failing to get it further & paying the price by fueling longs. If the breakout >1.63 can hold, then a min target is in the 1.68-1.7 zone. Further acceptance >1.7 & 1.8 is the next medium term destination. Idea is invalid <1.6 though aggressive stops should hold below the low of today's breakout >1.63 if vol. confirms.