Resistance at a weekly down trendline, slight divergence with the bond yields and the Kiwi currency index. Talk of wanting RBNZ wanting a lower NZD, the yields are dropping, which the NZD in theory should follow.
Black - NZDJPY
Blue - NZD Currency index
Red - 2 year bind yield
Light Yellow- 10 year bond yield
H & S, possible long. Probably wait for a break and retest. Although a dip in the oil price may have contributed the CAD weakening slightly, so it might bounce back downwards here again while oil gains some momentum back. Will wait and see what happens