NZD/USD Daily AnalysisNew Zealand Dollar vs US DollarFUSIONMARKETS:NZDUSDFusionMarketsNZD/USD remains under sustained bearish pressure within a broad descending channel. Price is approaching major horizontal support around 0.5580, which also sits close to the lower channel boundary. A bullish rejection could trigger a recovery towards 0.5700 and maybe the upper part of the channel. A confirmed daily close below 0.5580 would strengthen the bearish outlook and potentially expose 0.5500.