Overall the NZDUSD market is bearish with a downside breakout likely sending trade to attack a 0.7125 weekly. A close under 0.7125 is bearish ⇒ 0.7006. Current corrective rebounds trapped by 0.7203 will maintain bear forces. However, a punch over last week’s high alerts for a possible flip to bottoming trade. A close over 0.7254 confirms the start of a reversing upturn.