I have been following this pair very closely. The NZD has been repriced after the New Zealand government announced the possibility of higher taxes in the near future and has also expressed concerns about the inflation in the real estate. In my opinion the price action is still very bullish, the top trend line has been broken and the price is now coming down for a...
Nasdaq seems to have found support and the current price action is very bullish, the inverse head and shoulder developing could send the price to ATH after breaking out.
At this point of the cycle It is very hard to stay on the right side of the trade, In my opinion the price action is still bullish, on the chart I tried to bring some clarity and important levels to watch to decide the next move.