Price failed to close below the red box and just wicks. .6950-6970 area is going to be hard to break right now without some serious bad news. One thing to note are the 4h wicks. NZD has had a slew of bad news lately and I believe a potential rate cut has been priced in already. I will hold long till this retracement is over.
on 1h chart it has already broken up
on 1h chart it has already broken up