It's very clear that after a very sharp up move NZDUSD is now in a corrective structure where we have two pending advanced pattern. A pending bearish cypher which when completed may push price lower and complete a larger bullish gartley. Gartley's XA wave is the sharp up move, meanwhile with its completion we have a five wave corrective pattern completion.
From that level we may buy and aim up to 1.27 of the XA wave. A great setup with huge risk reward ratio.