nikitafx
Long

NZD/JPY is heading for wave 5-3 (Nikita FX )

FX:NZDJPY   New Zealand Dollar/Japanese Yen
71 0 2
NZD/JPY is still holding above Long-term ascending line (44.21(09.2.02)--57.95(12.6.01)--72.37(15.11.06)).
Its wave 4 bottom was 72.40(15.8.24), and started Final wave 5 which will be expanded.
This coming Phase will be wave 5-3 which is heading for:

79.90 + (82.69-74.44) x Fib.61.8%=85.00

Then, wave 5-4 will be having Fib.38.2% correction: 80.19. Final wave 5-5 (expanded 1.272 of wave 5-3)
will be 90.68 at least (in case of expanded 161.8% of wave 5-3: 93.54 ).

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