CroomFX

NZDUSD Wave Structure Bearish going into nxt week

FX_IDC:NZDUSD   NEW ZEALAND DOLLAR / US DOLLAR
We had a pullback of our first corrective wave price rejected @ the .50% retracement level. Price failed to retest that support level @.73810 signaling a change in momentum . We have a break of the lower channel and price is pushing toward an ABCD correction pattern or headed to the .618 of the whole wave count. Nice setup to watch going into next week.
Thanks

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CroomFX
2 months ago
targets hit. Thanks!!
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