The EUR has been eating the New Zealand Dollar with a vengeance
since Feb 23rd
We have seen since then a slight pullback to the 0.23 Fib
and then a fail to retest the high of 1.5452
We will enter LONG if the High 1.5452 is compromised
and also enter Long is we get another bounce off of the 0.23 fib level
we also looking at the 0.38 level & 1.5127 area for a LONG entry
The previous rate non-decision (no change) produced a 100+ pip move north
over a 7 hour period. Thats a nice pip grab..for a non-event.
Good Luck everyone !