5 CONFLUENCES ON THE DAILY TIMEFRAME AS TO WHY NZDUSD IS GOING TO MELT rejection of the daily trendline (3rd touch), market structure/role reversal as prior support turned has turned to resistance, candlestick pattern (doji with a fat rejection), rejection of the 50 EMA and in the 50 and 61.8 of fib level. NZDUSD ABOUT TO MELT