The NZDUSD is in a position similar to that of the AUDUSD. There is a count in the NZDUSD that calls for a wave 2 high to form before .6090. If this is to occur, then a high should form within the next few days. Short term structure favors a push above .5753 in order to complete wave c of an expanded flat (just like the EURUSD). A rally above .5753 would present an opportunity to go short against .6090.
