Rephrased Version:
The NZDUSD price declined in its latest intraday movement after breaking the key support at 0.5610, which had been identified as our expected target in previous analysis. This drop comes amid persistent negative pressure driven by its position below the EMA50, the dominance of the broader bearish trend, and its movement along a minor short-term trendline. However, we note the appearance of positive signals on the relative strength indicators after reaching oversold levels, which could help limit further losses.
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