Forecast:
According to previous events, the NZD/USD pair is still moving between 0.8615 and 0.8560. Strong level (resistance) will be formed at the level of 0.8663 providing a clear signal for sell deals with the target seen at 0.8563. Stop-loss is to be placed above the double top at the level of 0.8703. Strong level (support) will be formed at the level of 0.8530 providing a clear signal for buy deals with the target seen at the 0.8363 level in order to test the weekly pivot point. If the trend breaks the weekly pivot point (0.8363), it will continue towards the weekly resistance 1 at the price of 0.8663 However, the stop loss should never exceed your maximum exposure amounts. So, it is to be placed below 0.8520.
Weekly technical levels of the NZD/USD pair: