NZDUSD SELL 0.5960NZD/USDOANDA:NZDUSDXTrendSpeedOn the 4-hour chart, NZD/USD has retreated from its highs, with short-term bearish forces currently holding the upper hand. Attention should now be focused on the resistance level around 0.5960; if a rebound encounters resistance at this level, consider initiating a short position. To the downside, monitor the previous demand zone situated between 0.5856 and 0.5884.