rkparadja

NZDUSD Retracement Target

Long
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
The pair has completed a bearish Crab pattern around0.6870 after a 5 waves impulse from 7 Oct low.
0.6820 could be the immediate support but I think 3 waves correction to 0.6700 and below is more likely.
Keep an eye at that level and watch for buy setup.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.