Rephrased Version:
“The NZDUSD pair climbed during its most recent intraday session, attempting a correction within the broader bearish trend as it trades along a short-term supportive trendline. However, ongoing downside pressure persists with prices remaining below the 50-day EMA, limiting near-term recovery prospects. This outlook is reinforced by momentum indicators reaching overbought levels—well beyond what the price action supports—suggesting the early formation of a negative divergence.”
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