On a long term scale, we are bearish on NZDUSD. However, based on our standard deviation channel off the H4 time frame and drawing a fib from low to high within the last month, we can see a nice entry for bulls right in between 50.0 and 38.2 % level on the fib drawn, which means bulls can expect to exit around 138.2 which is actually a previous level of resistance in the last 5 months.