Signal NZDUSD Buy — H1 - June 21, 2026 16:20 GMT-4
On the H1 chart for NZDUSD the market has been in a clear downtrend since the 0.5819 peak, carving a descending channel that capped at the 0.5786‑0.5789 zone before a sharp volume‑driven plunge to 0.5736. The massive volume spike at 0.57858 (≈12.9k contracts) confirmed aggressive selling, while subsequent candles showed shrinking volume, indicating fading momentum. Recent bars have formed a tight range between 0.5740 and 0.5760, with the low of 0.5736 acting as a new support level. A bounce above the 0.5742‑0.5743 zone, coupled with modest volume, suggests buyers are stepping in. The BUY entry near 0.57423 sits at this…