NZDUSD consolidates the declines. Wanders lower during the week.

Resistance at 0.5878. Support at 0.58387.
The NZDUSD moved lower in the European session an in the process moved to a new week low. The floor from Wednesday and Thursday was at 0.5878. That is now resistance (close risk for shorts).   The high since the break has reached 0.58751 – just below that level.