The NZD/USD looks to be completing a very large complex flat correction from the May low. Price is nearing this month's high which should act as some resistance if we make above 0.69. I think it is more likely we rollover soon and head lower in an impulsive fashion. This move will likely coincide with a turn in equities and a shift in sentiment away from riskier markets. This pair has the most extreme sentiment reading of all the majors according the DailyFX data, which warns of an impending reversal. I think this pair offers a fairly good risk to reward from current levels with a stop just above the 50% Fib at 0.695.
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