The NZDUSD H4 chart exhibits a clear downtrend with price consolidating near critical support at 0.5800-0.5809. The last three candles show declining closes, with the entry candle (0.58092) closing below the prior low and consolidating near the 0.5809 psychological level. Volume spikes to 25,247 on the entry candle, confirming strong bearish momentum. The recent rally from 0.57794 to 0.58449 has failed to sustain, with price retracing to the support zone, suggesting exhaustion. The sell signal aligns with the breakdown below 0.5809, where the close of the last candle validates a potential reversal. Key resistance at 0.58537 (SL) has been breached,…

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