NZDUSD Chart Technical Outlook trades back inside the consolidation range, selling rallies favored
NZD/USD failed to stay above the consolidation area and broke back inside on a dovish RBNZ meeting last month. The recent bias in NZD/USD is bearish, with limited potential for upside correction. It should be limited to the Fibo correction at 0.6130-40. Supports are located at 0.6080 and 0.6060.
