It is important to note that the current strengthening the pair NZD/USD today, October 16, 2013, there is a number of reasons. In particular, the improved rate of consumer price index for New Zealand. 

Price broke the 0.8335 level and today, 15 October 2013, "bovine" candle continued to increase, reaching the top of the channel. 

The prevailing trend in the Forex market - the rising, evidenced by the intersection up moving averages with periods of 100 and 50. 

The New Zealand Dollar is growing in the correction of the mid-term upward trend. NZD/USD pair is in a bullish wave A/B level H16. 

Analysts at Mill Trade (among the top rated forex brokers Academy Masterforex-V) note the current dominance of the "bear" market sentiment, as evidenced by the downward price channel.