My thoughts on NZD/USD

In my analysis of NZD/USD, this currency pair is moving Bullishly on the Daily Chart. Currently the pair is in area of resistance at price $.72442. If prices breaks above the area of retracement, I forecast price to move up to price $.74282. If price breaks below the area of retracement, I forecast price to move to price $.70684. In my analysis, I used the Fibonacci, the 50 MA and Support/Resistance. NZDUSD