NZD/USD has recovered after RBNZ rate decision
NZD/USD has reversed the trend after RBNZ decided to keep the rates unchanged. From technical standpoint NZD/USD is standing at first POC (L3, 38.2) at 0.7330 currently and it could bounce off this level towards 0.7430. If H1 candle closes above the level that could be a signal ofr the possible bounce.
However if there is a deeper intraday correction the pair is expected to drop towards 0.7290 region where it should bounce again towards 0.7330 and 0.7430 subsequently. POC2 ( historical buyers, L4, 61.8%, inner trend line ) shows even more confluence then POC1.