NZDUSD M15: Bearish outlook seen, further downside below 0.6060

Price has reacted off a key resistance zone at 0.6095 on the M15 timeframe. A pullback to this zone could provide bearish acceleration towards a key support zone at 0.6060, which coincides with the 61.8% Fibonacci retracement. Price is below 20 EMA, supporting our bearish bias.