fxgraffiti
Short

NZDUSD Bearish zigzag

FX:NZDUSD   New Zealand Dollar/U.S. Dollar
75 0 0
There seems to be a clear five-wave decline which could be part of a larger zigzag. The B-wave would reach a 0.618 extension at 0.85317 very near to the extreme of wave-4 at 0.8534. An area to keep an eye on for a potential short.

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