NZD/USDOn MOnthly chart, price is below 200, 50 and 20 MA.
On Weekly is the same scenario.
On Daily, Resistant 0.6000 is rejected and going down to 0.59000 and it's below 200, 50 and 20 MA.
On 1H, orice is below 200, 50 and 20 MA as well. additionally, it formed Bearish Cup & Handle too.
In 10M chart the movement is more clear. Stochastic shows Overbought and it's about to break Bearish.
This is a strong Bearish formation.