ew-forecast

NZDUSD: Downtrend Continuation

Short
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
NZDUSD made three legs up from march lows that appears to be a completed corrective rally with an ending diagonal in c wave. Price is trading bearish for the last few days, breaking beneath wave b support (red line) so we assume that market will continue south, down to around 0.7000 in weeks ahead.

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