This is only an opinion but I believe that the RBNZ will push the KIWI down in an effort to artificially boost the economy. It will be a slow process, like placing a frog in a pot of cold water and slowly turning up the heat until its too late and he is cooked. Or I just drew a bunch of pretty lines on my chart.
PA HAS BEEN ON THE RISE SINCE THE BEGINNING OF 2016. PA MADE A STRONG ATTEMPT TO BREAK THE UP TREND IN MAY AND A LESS AGGRESSIVE EFFORT IN JULY BUT HERE WE ARE IN EARLY OCTOBER AND PA HAS ALREADY DROPPED LOWER THAN THE TWO PREVIOUS ATTEMPTS. WILL PA CONTINUE TO FALL??