NZDCAD; 5 Wave Up Complete

Short

NEW ZEALAND DOLLAR / CANADIAN DOLLAR (FX_IDC:NZDCAD)

FX_IDC:NZDCAD NEW ZEALAND DOLLAR / CANADIAN DOLLAR

This pair has been in a great bullish run but considering the 5 wave structure seemingly complete, we expect a pullback from now on. Breaking the 0.8865 support will pave the way for a correction targeting the wave 4 low at least.

Good luck,

Cyclical Waves Group

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