Trying to translate the current PA then it is time for a break in the downtrend. It is currently just in a correction, and I am no wave trader so I don't know which wave it is in, but at this moment then it is a time for a break above the trendline or it can make another push down (highly unlikely) since the waves and bursts are getting shorter and shorter
NZDUSD is closing up to a make or break point to both the upside and downside looking only at price action.
This would be a huge chance for the day trader - or even all traders to manage a very big trade.
Keep an eye close on this pair