NZDUSD pair is correlated to Chinese markets and China A50 index and any turmoil is reflected on the pair. Weak data reflects at the price and as I analyzed it earlier NZDUSD is sold on rallies. Next fade could come soon as we can spot a strong POC which could reject the price.
POC comes at 0.6410-30 as we see a confluence of historical sellers ( blue rectangles ), H3, 88.6 deep fib retracement and X cross. Initially NZDUSD is targeting 0.6295 zone and if H4 candle closes below 0.6295 (L4 camarilla) then Breakout-Pullback-Continuation pattern should target 0.6250 and 0.6220. Have in mind that H4 camarilla pivot needs to hold ( 0.6480 ) for the price to remain bearish
NZDUSD 4 Hour Chart