NZD/USD broke through a decent weekly zone and seems to be re-testing. If it fails to break through this point to the upside, we could be looking at some continued downside movement. But if it successfully breaks upward with a re-test, we could be looking at some decent bullish gains. Time to play the waiting game.
My bias is toward the downside as NZD/USD has...
For 3 days price has failed to break the 1.1000 mark successfully, I anticipate a drop to the bottom end of 1.0900 before further movement can be determined.
On the 4H chart, it appears to be a clean triple top. Let's see what happens.