The H4 chart of NZDUSD presents a bearish trend, with the price oscillating within a descending channel. The recent candles have formed a series of lower highs and lower lows, indicating a weakening trend. The volume, although not extremely high, has been increasing as the price declines, suggesting that the bears are gaining momentum. The current price is testing the support level of 0.594, which has been a key level of resistance in the past. A break below this level could lead to a further decline towards the next support level at 0.585. The signal to sell is supported by…

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