Description
⋅ 🏃NZDUSDis moving in the 🔴Resistance zone($0.6110-$0.6050)🔴 and 🟡Price Reversal Zone(PRZ)🟡.
🌊In terms of Elliott wave theory, NZDUSD seems to be completing a Zigzag correction(5-3-5/ABC) so that the main wave C structure is Ending Diagonal.
💡Also, we can see Regular Divergence(RD-) between two Consecutive Peaks.
🔔I expect NZDUSD to Fall to at least the 🟢Support zone($0.6021-$0.5985)🟢 after breaking the lower line of the Ending Diagonal.
New Zealand Dollar/U.S.Dollar Analyze ( NZDUSD ), 4-hour Time frame ⏰.
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