NZDUSD Retracement started ??NZD/USDOANDA:NZDUSDCrazyTrades247After a big rally price has finally reached a strong resistance level of 0.5988 intact since Feb 2026, many upswings had faced rejections from this level. price has already started to consolidate in a sideways direction after retesting this zone and had broken below the immediate support of 0.5949, which signals bullishness exhausting and bears taking control. Over all structure is aligns with the upcoming decline as we had seen in the past multiple times each time price had given breakout above the previous swings high while moving up, it had faced bearish pressure which had led price to revert back to retest the bullish trendline. Most likely price is going to see some declines until it retested its rising trendline once again. outlook for upcoming days is bearish, selling trades would have higher chances of succeeding. fresh entries could be made on pullbacks. For Educational Purposes only, Not an Investment Advice, Always use strict Risk management measures. Regards CrazyTrades247.