ew-forecast

NZDUSD Could Move Lower In Days Ahead

FX:NZDUSD   New Zealand Dollar/U.S. Dollar
On the Daily chart of NZDUSD             price made three waves down with black wave ( iii             ) still unfolding. That said pair is now trading in a correction in blue wave iv. After the correction is completed, price may continue to lower levels to around 0.646-0.638.

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@ewforecast
Same view, 100% onboard with you.
+1 Reply
ew-forecast PRO IvanLabrie
a year ago
Great to hear that.
Reply
0,64 level is 61.8 fibo retracement of 2009 / 2014 rally. sooner we'll see this level
Reply
tixenalp
a year ago
Going down for sure. The official cash rate will drop on July 25
+1 Reply
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