Signal NZDUSD Sell — H4 - June 16, 2026 17:31 GMT-4
On the H4 chart of NZDUSD, the last 30 bars show a clear downtrend. After peaking near 0.593 in early June, the pair has been carving lower highs, with the most recent high at 0.5844 and the current price hovering around 0.5825. The descending channel is bounded by resistance around 0.5860 and support near 0.5800, both of which have been tested repeatedly. Volume has risen on each of the bearish candles, notably the 0.5843‑0.5800 move that was accompanied by a spike to over 25 k contracts, confirming strong selling pressure. Conversely, the few bullish attempts were thinly traded, indicating weak…