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Elliott wave analysis on GBPNZD (2016-07-24)

FX:GBPNZD   British Pound/New Zealand Dollar
GBPNZD             finished a five wave up and started the correction at July 20th. Now it is coming to the bottom of the rising channel . Pay attention to whether it will get supported or break down the rising channel .

It will be a good opportunity to trade after it is confirmed.

Good luck for everyone!
Comment: Nice decline along the channel.
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