New Zealand Dollar Choppy and Unclear

Kiwi has been the quietest pair in the last few weeks as the decline from the top (.7491) takes on the shape of a wedge, which is a bullish pattern.

A break through the top of the wedge near .7370 would signal that price is likely headed for a re-test of .7491. However, daily studies are bearish as evidenced by downward sloping oscillators and a recent bearish 10/20 day SMA cross.