FX:NZDUSD New Zealand Dollar/U.S. Dollar
The NZDUSD is approaching the neckline of a double bottom pattern. The neckline comes in around 7610. The targeted move would be around 8010, which coincides with the 50% retracement of the original high to low move in this kiwi reversal. This could be a few weeks in the making, but with dollar weakness at hand and risk on for the time period, this could really happen quickly.