AndyM
Long

NZDUSD good buy signal. EW markup.

FX_IDC:NZDUSD   NEW ZEALAND DOLLAR / US DOLLAR
NZD has completed a leading diagonal which is now being followed by a brief correction. Since diagonals are always at the beginning of a bigger movement it is very likely that the upward movement will resume. What I like about leading diagonals is they are usually followed by a very shallow correction as most of the folks who wished to close their positions have been shaken out in the deep retracements of waves 2 and 4. So, NZDUSD             is a buy to me.
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