On the H1 chart of NZDUSD, the last 48 hourly bars reveal a classic bearish swing. After topping out near 0.57196 on July 7th, price retreated sharply, forming lower highs and lower lows. The most recent candles have been trading around 0.569–0.570, with a pronounced volume surge (over 7,000 contracts) accompanying the drop from 0.57173 to 0.56955, confirming strong selling pressure. Key resistance sits just above the recent peak at 0.5719, while the prior low around 0.5672 offers a firm support zone. The sell entry near 0.5687 sits below the last minor swing low, breaking the short‑term support and inviting…

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