The NZD experienced a sharp decline following disappointing fundamentals reported this evening, 4/30/24 at 6:45. The weekly chart indicates that the price has retested a long-term ascending trendline originating from October '22. Market participants are now awaiting a pullback to confirm further downside intentions. The first significant previous low is around .5875; a break below this level could set a target of .5800, where substantial liquidity is anticipated.