On the H1 chart of NZDUSD the recent session shows a classic top‑formation. After a vigorous rally from the 0.5665 region up to a peak of 0.57271, the market forged a series of lower highs – 0.57212, 0.57168 and 0.57125 – while closing near the same level. The break of the 0.5710 minor support on the 21:00 candle confirms the shift in momentum. Volume also thinned after the 15:00 peak, dropping from 3300 contracts to under 2000, indicating waning buying interest. The sell entry just below the broken support, with a stop above the recent high and a target near…

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