Growth is possible.

On the daily chart, the upward wave of the higher level (C) develops, within which the entry first wave 1 of (C) formed, a downward correction ended as the second wave 2 of (C), and the wave 3 of (C) develops. Now, the first wave of the lower level i of 3 has ended, and a downward correction formed as the second wave ii of 3, within which the wave (c) of ii has ended. If the assumption is correct, the NZD/USD pair will grow within the wave iii of 3 to the area of 0.6365–0.6542. In this scenario, critical stop loss level is 0.5845.

The NZD/USD pair shows moderate growth, developing a "bullish" trend in the ultra-short term, which allows the instrument to update local highs in mid-April. 

After reaching 0.5928, the NZD/USD pair is correcting as a result of the New Zealand macroeconomic statistics release.

Against the stabilization of the American dollar, the NZD/USD pair is correcting at 0.5912, getting no support from the positive macroeconomic New Zealand statistics.