The NZDUSD currency pair has recently experienced a reversal from a key resistance level of 0.6020, which previously marked the top of wave 2 in November. This level coincides with the 61.8% Fibonacci correction of the downward impulse observed since September.

Trend analysis suggests that traders should prepare for potential price adjustments as the market reacts to these significant technical indicators.

Investors are advised to adopt a cautious approach while monitoring movements around this pivotal resistance level, as further developments could provide clearer direction.