Usdzar tapped into a daily point of demand on a daily time frame, after it created a change of character then continued to break structure to the upside confirm bullish trend.
All confluence have been met.
1. price confirmed reversal of structure and confirmed further by breaking structure ( drop base really,price dropped ,took liquidity and tapped into the daily...
nzdusd is now retracing back to fill the imbalance and tap into the 2hour order block responsible for the previous break of structure then its going to continue is move to the downside.
nzdusd has been bearish on the daily, right now it's breaking structure to the downside to continue the bearish trend. after expanding to the downside and breaking the major low on the daily, it retraced back to test the previous order block and fill the imbalance then it created a change of character signaling a reversal in trend .
