NZDUSD approaching potential Support

9th July: NZDUSD. Note the failure in mid June at the 0.8114 1/2R off Aug 2011 high.  There is potential Support at the 0.7588 major poc and a mild bullish divergence (dashed) is developing between price and the Price Osc.  However if price prints time below 0.7588 it would be very weak price location and I would expect the trend to continue lower.