NZDUSD 15M: Bearish outlook seen, further downside below 0.6250

On the 15M timeframe, price broke below an ascending trendline and is showing strong bearish correction. A pullback to the resistance zone at 0.6290, which coincides with the 61.8% Fibonacci retracement, could present an opportunity to play the drop to the support zone at 0.6250. Price is holding below ichimoku clouds, supporting our bearish bias.