NZDUSD

ON the Daily time frame there was a change of character (CHoCH purple line) that turned out to be a liquidity grab. The pair did not make higher highs. In the 1 hour time frame, there was a CHoCH in green signifying a change in trend confirmed by the Break in structure (BoS). We are waiting for a return to the bearish order block (in red) then execute sell orders.
Trend Analysis

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