FX:NZDUSD   New Zealand Dollar/U.S. Dollar
316 5 3
It looks like a we have completed (or are on the verge of completing)
a flat on the weekly time frame.

The market has put in a morning star bullish candlestick formation.
But there is still a chance we may see one more low to complete
this bear leg.
Look below for more charts.

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Good luck!
Scenario 1, wave 4 was a flat and we should make another low

Scenario 2, wave 5 was an ending diagonal. Now we should hold the lows and move higher
Do you think EUR/AUD is still a buy?
it looks like a flat, but we will need to see a clear 5 wave advance before buying EURAUD.
EURAUD update - 19 November 2014
traderWgun traderWgun
sorry wrong one
+1 Reply
HexVex traderWgun
I see. Thanks!