Will Nzd continue to edge up till June?

23 במאי

Every 5 and a half months (162-167 trading days), Nzd tops out over the Usd, than wedges down only to repeat the process thru 3 cycles since at least February 2nd. It will be interesting to see whether this pattern will continue into next month. If it can break its current channel i see this run ending before mid June.