NZDUSD Long with a set up
Updated
Based on Daily TF the sentiment is up with a set up. This means that trade can be placed. I have marked a level which I believe the price will retrace to before rallying back up (0.68190 - 0.68429). My level for going short is also marked starting from 0.71472 to 0.72664. GBPNZD will also be a good pair to take along with NZDUSD but in opposite direction. They always move opposite to each other and potential of making some large pips on GBPNZD trades.
Note
So the level was pierced before moving up and that mainly due to the news which hit (RBNZ kept the rate at 2.25%).
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