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Ali_Mozafarie

Will the new increase (nzd/usd) be sharp?

Long
New Zealand Dollar / U.S. Dollar (OANDA:NZDUSD)  
Ali_Mozafarie  
OANDA:NZDUSD   New Zealand Dollar / U.S. Dollar
Trend Analysis Wave Analysis Beyond Technical Analysis NZDUSD nzdusdanalysis nzdusdlong nzdusdsignals nzdusdtrade nzdusdforecast nzdusdidea
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In my opinion, this currency pair is in a 5-wave downward trend.
We are currently in the middle of wave 4 and the first part of wave 4 movement has been completed. Currently, we should expect the formation of the second part of wave 4.
In the second part of the movement of wave 4, selling pressures will decrease and buyers will take over the market. As a result, the second part of the wave will be very sharp.

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