The New Zealand dollar initially tried to rally during the week but has run into a bit of resistance near the 0.70 level. By giving up those gains, we have formed a “two-week shooting star.” If we break down below the bottom of the candlesticks that make up the last two weeks, it is very possible we could drift towards the 0.76 handle, maybe even as low as the 0.65 handle over the longer term. This obviously would be a “risk-off” type of move.