On the H4 chart for NZDUSD, the price has been consolidating within a range of 0.58200-0.58500, with recent candles showing a clear bearish bias. The close at 0.58142 marks a key support level, coinciding with a reversal pattern where the price rejected higher highs and lower lows, indicating weakening bullish momentum. The consolidation phase has been accompanied by declining volume, suggesting reduced buying pressure, which aligns with the sell signal's expectation of a trend continuation. The current setup shows the price approaching critical support, with the recent low at 0.58142 acting as a potential trigger for a downward move. The…

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