FUNTRADER-Vera
Short

2906 WKP2 NZDUSD selling it if retest the pressure line again

FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Hello traders,

NZDUSD might getting start its 9th wave now.
It still could not break through the weekly pressure line that could be the end of 8th corrective wave on weekly chart.
But you need to worry about the daily support that it might facing now before making a new weekly downtrend swing.

We expect a possible new 9the impulse leg to run fro 360-1000 pips.

Good luck!!!
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Comments

9th wave??!!
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good one!
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thanks for this! Price is holding nicely below your trend line as well, agree with your bearish view here:
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