In the daily timeframe price has been moving in a symmetrical triangle , we see that price has touched the lower trendline of the triangle , which fueled a move to the upside before a retracement of just below 78.6% , Now price formed a W pattern then retraced to the neckline of the W we could see a potential upside from this neckline . However NZD being in recession doesn't really help much the currency from the fundamental side of things