The NZDUSD H4 chart shows a prolonged downtrend with multiple lower highs and lows, but recent price action suggests a potential reversal. From June 11 to June 25, the pair has been consolidating near critical support at 0.56367, with the last few candles forming a bullish pattern. The close at 0.56367 marks a key low, and the subsequent candles exhibit higher closes, indicating buying pressure. Volume has remained relatively stable, with the latest candle showing moderate activity, which aligns with a consolidation phase. The current setup highlights a bullish breakout possibility, as the price has failed to break below the…

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