NZD/USD fell to 0.6156 following softer than expected Q1 NZ CPI nAPN0VFPXG

It is hovering around 200-day MA at 0.6162 with more support at March 16 low at 0.6140

The softer than expected CPI isn't expected to deter RBNZ from hiking in May nL1N36M2YY

A break below 0.6140 targets the March 8 trend low at 0.6085

Resistance is at 10-day MA at 0.6215 and break would ease downward pressure

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