This story highlights the positive short term outlook for the NZD. The reality however is that the EUR, USD and JPY are sinking ships and we will be looking at stronger rates for NZD and AUD for a long time yet. The current inflation is not going to die. That is 'cost of living' inflation, and this is going to see the hard currencies do very well. Australia will do even better than NZ in the long run, though in the short run, we can expect Australian agriculture to be hurt by floods. NZ will benefit.
I have not looked at the short term chart...but I take it from the article cited that 78c is a recent resistance.