On the H4 chart of NZD/USD the market has been carving lower highs since the early‑June peak near 0.593. The most recent four‑hour candles show a clear erosion of bullish momentum: the high of 0.5856 on 2026‑06‑14 was followed by a series of lower closes, culminating in a 0.5808 low at 2026‑06‑15 16:00. Volume spikes on the down moves (e.g., 25,247 contracts during the 0.5809 dip) confirm that sellers are in control, while the modest volume on the modest rebound to 0.5814 suggests weak buying interest. Key resistance now sits around 0.585, already tested, and immediate support is clustered near…

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