NZDUSD

55
Looking at NZD/USD, we notice an unfilled imbalance on the downside, which aligns with the overall market structure. We've observed a change of character, shifting from bullish to bearish, indicating that buyers have now stepped into the market. This change of character was confirmed by the break of previous highs.

Currently, we're waiting for a higher low to form, signaling the continuation of the bullish trajectory and the opportunity to fill the upside imbalance. While we wait for this higher low, we’ll focus on lower timeframes to look for optimal entries, aiming to align with smart money and institutional traders.

Penafian

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