The RBNZ left rates on hold earlier (as expected) and they remain in the general work monetary policy view that scope for further fiscal and monetary stimulus remains “if needed”. No surprises. Therefore, the previous trend lower from July 2017 remains intact. The pair is currently testing the September 2015 lows near .6245. Although there is still time left in the day, NZD/USD is currently putting in a bearish engulfing candle as well.