nzdusd-daily-20170125
NZDUSD D1, Major Falling Trendline

The price has gained and retraced tremendously and finally got resisted by a major falling trendline.

nzdusd-m15-02170125
NZDUSD M15, Butterfly Pattern

At the same time as it reaches the major falling trendline, a butterfly pattern was completed suggesting that the price will fall.

However, the TP level is set at the FR127.2% of the retracement as the dollar may continue to weaken in general.