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,

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