The NZDUSD H4 chart presents a bearish trend, with the price forming a descending triangle pattern. The recent price action has been confined within a narrow range, with the high and low prices oscillating around the 0.5950 and 0.5930 levels, respectively. The volume has been relatively low, indicating a lack of conviction in the market. However, the recent increase in volume suggests that the bears are gaining momentum. The price has broken below the 0.5945 support level, which is a bearish sign. The RSI (not shown) is also in the oversold territory, indicating that the price is due for a…

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