On the M15 chart of NZDUSD, price has been testing a strong resistance zone around 0.5722‑0.5725, where volume surged to over 2,500 contracts, confirming aggressive buying. After that peak, the market formed a classic bearish flag: each subsequent candle posted lower highs (0.57159, 0.57152) and lower lows (0.57129), while volume tapered to 400‑600, indicating waning momentum. The recent pull‑back below the 0.5715 level suggests sellers are taking control, and the 0.57149 swing high now acts as a short‑term resistance. A break below the 0.5709‑0.5710 region would confirm the downtrend, targeting the prior support cluster near 0.5689, which held earlier in…

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