The NZD/USD Instrument: has been trending lower on the H4 timeframe, with a series of lower highs and lower lows forming since the start of the candle window. This bearish momentum has been confirmed by increasing volume, with the highest volume bars seen on the down days. The current price action is also showing a clear rejection of the 0.596 level, with a strong close below this level on the last candle. This suggests that the bears have the upper hand and are likely to continue pushing the price lower. The RSI is also in oversold territory, indicating that the…

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