NZDUSD currency pair recently reversed up from the support area lying between the key support level 0.69250 (previous monthly low from June) and the lower daily Bollinger band. The upward reversal from this support area stopped the previous impulse wave 3 – which belongs to wave (C) from the end of May. Given the strength of the aforementioned support area – NZDUSD currency pair can be expected to rise further toward the next resistance level 0.70500 (top of the daily Doji from the start of July).