Quote from Ivanovich:
Short NZD/USD, 300,000 units @ 7125.
Look ma, no stops.
If you didn't take a profit when this pair recently went down for a limited time today; you might want to take in to consideration that there is no significant news for the NZD this week and it may retrace higher before continuing on its down trend. There is also an AB=CD pattern at 0.7177. This is simply a thought, and I wish you the best on your trade.
Regards,
Gartley