NZDUSD: Strong Rejection at 0.5990, Bears Target 0.5770NZD/USDOANDA:NZDUSDKlejdiCuniNZDUSD: Strong Rejection at 0.5990, Bears Target 0.5770 NZDUSD has rallied strongly from the July low, but price is now approaching a major resistance zone around 0.5990. This area has acted as a significant barrier several times in the past, and the current price action suggests that sellers could once again step in. After reaching the upper resistance zone, NZDUSD is showing signs of rejection, opening the possibility of a deeper correction. If the bearish reaction continues, I expect the pair to move toward the following levels: 🎯 0.5900 🎯 0.5850 🎯 0.5770 The key level to watch remains 0.5990. A sustained breakout above this resistance would invalidate the bearish scenario and could signal another bullish extension. You can find more details on the chart. Thank you! 🍀 ⚠️PS: Do your own analysis and use your own strategy to join the trade. ❤️ If this analysis helps your trading day, please support it with a like or comment ❤️