EWStructures
Short

NZD/USD - Wave 2 complete

FX:NZDUSD   New Zealand Dollar / U.S. Dollar
The larger correction from august 2015 has likely ended at 0.7295. Smaller degree wave 2 seems to be complete at
0. 7240 which suggests a big decline will follow from here. A surge above 0.7295 would invalidate this scenario.
I completely agree with your overall bearish view on this. It seems we're completing the first five down now.
Reply
Yeah Ezodisy I think a top is in place at 73.25 but it will go up soon in a wave 2 . Also I reckon AUD/NZD completed a wave 2 at 1.0312 (already in wave 3) so I think NZD is the better one to short against the USD rather than Aussi.
+1 Reply
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out