FX_IDC:NZDUSD NEW ZEALAND DOLLAR / US DOLLAR
Here's my preview of what could happen. Clean with no details but based on wave counting and measure.
Like your idea, may depend on this weeks news, ie milk prices this week and int rate decisions NZ and AUS this week. Not sure which way these will go..bad news will certainly see the dollar come back as would a rate decrease....as you show,would be only temporary as the books overall seem sound..can see it climbing back as you show...cheers just some thoughts. Ron NZ