FullTimeTrader
Long

NZDUSD-long term analysis with short term opportunities

FX:NZDUSD   New Zealand Dollar/U.S. Dollar
494 0 9
According to this monthly analysis this pair is developing and ending diagonal , a 3-3-3-3-3 structure.
I labeled the internal waves as ABC zigzags.
We can see also fib ratios between its internal waves.
Wave II=0.7860 wave I
Wave III= 0.8860 wave I

I expect the Wave IV=0.61 Wave III            
We have also the 1.61 fib projection of last AB swing.

The potential reversal zone is around 0.6409 and 0.6495 area.

Next days we could see the beginning of a BIG bullish cycle.

Best regards.
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