NZDUSD under bearish pressure after the earlier downward reversal from the resistance area lying between the round resistance level 0.60000 (formers strong support from the start of March) and the 61.8% Fibonacci retracement of the previous downward impulse from the start of this month. The downward reversal from this resistance area previously started the active short-term correction (b). Given the rising bearish sentiment affecting New Zealand dollar today – NZDUSD is likely to extend the losses toward the next support level 0.59000.