Price Action: NZD/USD trades near 0.5835, rebounding from 0.5799 lows and testing the 127.2% Fib extension at 0.5839. The move marks a short-term recovery within a broader bearish structure. Technical Bias: Momentum leans bullish intraday if the pair clears 0.5840–0.5850 resistance, opening scope toward 0.5862. Failure here risks reversion back to 0.5818–0.5800.