NZDUSD continues to fall inside the accelerated downward impulse wave (3) which previously broke the support area lying between the key support level 0.71000 (which has been reversing the pair from the middle of January), support trendline of the daily up channel from last May and the 38.2% Fibonacci correction of the upward impulse from October. Given the predominantly bearish New Zealand dollar sentiment coupled with the growing USD bullishness seen across the currency markets today – NZDUSD currency pair can be expected to fall further toward the next round support level 0.70000 – followed by 0.69000 (target for the completion of wave (3)).