On the NZDUSD D1 chart the market has been oscillating between 0.57 and 0.60 since early March. After a prolonged rally that peaked at 0.59941 on the May 28 candle, the close slipped to 0.59238, while volume fell from ~66k to under 48k, indicating waning buying interest. The price is now testing the recent high‑low swing around 0.5925, which acts as a strong resistance level. A break below this zone would expose the next major support near 0.585, a former low‑high pivot, and ultimately the 0.569‑0.571 range that held earlier in the session. The bearish bias is reinforced by the…

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