NZD/USD Bearish Reversal — Target 0.58853

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NZD/USD Bearish Reversal — Target 0.58853NZD/USDOANDA:NZDUSDSMART_MONEY_CIRCLE NZD/USD is showing signs of a short-term bearishreversal after rejecting the upper side of the rising channel near 0.5920–0.5925. Price has started moving lower, indicating that sellers are gaining control. The immediate downside target is **0.58853**, marked as the key support zone on the chart. A sustained break below this level could open the door for further downside, while a recovery back above the recent high would weaken the bearish setup.