Let's pull up the NZD/USD hourly chart.
We saw a nice move up from March 2011 followed by what appears to be a pretty clear 3 wave correction. It appears the bullish run will continue and look for a potential price point of .8250+.
Good luck with trading.
For those of us in the United States, we'd like to wish everyone a happy and safe Memorial Day weekend. Memorial Day weekend typically kicks off the "summer" for the United States and here in Las Vegas, Nevada it is getting hot. Enjoy the weekend and we'll see everyone again next week.