The NZDUSD pair on M15 timeframe shows a clear bearish reversal pattern following a recent bullish rally. Price has consolidated near key resistance levels, with the most recent high at 0.58322 acting as a critical psychological barrier. The close below this level, coupled with a sustained decline in subsequent candles, indicates weakening bullish momentum. Notably, the candle closing at 0.58244 (1781249400) marked a significant low, forming a potential support zone. Volume remains subdued in the latest consolidation phase, suggesting institutional selling may be lacking, but the consistent lower closes and declining highs validate the bearish bias. The current structure suggests…

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