A fall is possible.
On the daily chart, the upward wave of the higher level (А) of B formed, and a downward correction develops as the wave (B) of B, within the wave C of (B) develops. Now, the fifth wave v of C is developing, within which the wave (iii) of v has formed, a local correction has developed as the wave (iv) of v, and the wave (v) of v has started. If the assumption is correct, the NZD/USD pair will fall to the area of 0.5910–0.5800. In this scenario, critical stop loss level is 0.6352.