NZDUSD currency pair recently reversed up from the support area located between the key support level 0.67500 (previous low of the impulse wave 3 which was stopped at the start of this month) and the lower daily Bollinger Band. The upward reversal from this support area stopped the previous minor impulse wave 5 – which belongs to the higher order impulse wave (C) from October. Given the rising NZD bullish sentiment and the oversold daily Stochastic, NZDUSD currency pair can be expected to rise further toward the next key resistance level 0.68200 (top of the previous corrective wave 4).