Hello traders, we want to check the NZDUSD chart in the 4-hour time frame. The price is moving in a range channel and has reached the bottom of the channel. If the price can break the downward trend line upwards, we expect the price to be around 0 63500, but if the price can break the bottom of the channel and stabilize below the price of 0.61900, we expect it to continue its downward trend and fall to the price of 0.60800. Good luck.