Kiwi Swissie Forecast

This pair have been in a huge corrective structure for 10 years
Currently it seems to be making wave E to the top of the structure but of course it may make a large correction before reaching the top.

The E wave shape also backs up the strong possibility of a correction within it.
Conclusively we should be watching carefully for any break down of the current E wave
Given that we are looking at a weekly chart any move down will be huge on a daily scale

All forecasts will be updated as they develop - remember to follow to receive them.

Always wait for an entry set up before risking your money.

This is not investment advice - it is purely for educational and discussion purposes.
Your Ideas, comments and questions welcome

Good luck Steve

Comment:

One of these 2 scenarios will take the price to the top. It will either stay in the channel and make one more up or it will break down for a huge correction before move north.

Comment:

The power of Wave Principles - a 4 month old prediction