The NZD/USD pair shows mixed dynamics, consolidating near 0.5625. Market activity remains quite low after the instrument's sharp decline during the trading session on Wednesday, when the final minutes of the US Federal Reserve meeting were released to the market.

A fall is possible.

On the weekly chart, the downward wave of the highest level B forms, within which the wave (C) of B develops. On the daily chart, the third wave 3 of (C) is forming, within which the wave iii of 3 is developing. If the assumption is correct, the NZD/USD pair will fall to the area of 0.5350–0.5000. In this scenario, critical stop loss level is 0.6042.

The NZD/USD pair is falling within a medium-term downward trend, testing the level of 0.5737 (Murrey [–1/8] level) amid different approaches to monetary policy by US and New Zealand regulators.

The NZD/USD pair is trying to consolidate below the 2023 low of 0.5770 amid slowing inflation.

The NZD/USD pair is rising at 0.5765 amid the strengthening of the US currency.