CyclicalWaves
Short

NZDUSD; Wave IV Has Begun

FX:NZDUSD   New Zealand Dollar/U.S. Dollar
Price reached the typical price target of the Wave III             which composed of 2.618 APP of Wave I and 4.236 Extension of Wave II. Since the price has declined below a minor low @ 0.6671, we can safely assume that Wave IV has begun. The typical price target for this correction to end is the area between two red lines shown in the chart.

Good luck,

Cyclical Waves Group

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