paweld
Short

Present wave count

FX:NZDUSD   New Zealand Dollar/U.S. Dollar
179 1 0
We have nice geometrical downtrend forming on NZDUSD             . Primary ((2)) - running flat correction and lower frame (2) - a=c another running flat could start impulsive discount of NZD. Two parallel channels 0-1 shows us possible waves ends. Waiting for impact.
I agree NZDUSD appear to be in intermediate downtrend likely with 0.78 potential target using a larger time frame and might complete potential larger triangle shown in my chart
snapshot
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