The NZDUSD H4 chart displays a clear bearish reversal setup following a prolonged consolidation phase. Recent price action shows a declining trend with consecutive lower highs and lows, culminating in a strong bearish candle closing near the recent high at 0.59665. The volume spike on the preceding candle (1778054400) confirms aggressive selling pressure, aligning with the signal's SELL direction. Key resistance levels around 0.5975-0.5983 have been breached, indicating potential for further downside. The current close near 0.59665 suggests a strong rejection of prior highs, signaling a shift in momentum. Support at 0.5955-0.5956 remains intact, providing a likely floor for the…

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