McCarteen

NZDUSD long correction awaits?

Short
OANDA:NZDUSD   New Zealand Dollar / U.S. Dollar
- After the huge drop of price from the past week I was forced to reconsider my long term forecast.
- It looks like from the early months of 2020 price completed it's corrective move that began 2012.
- Now price made an advance I labelled Minor wave 1 and from now on I am expecting price to correct to at least to the 0.6200.
It might not necessarily get to that level exactly but to around that area.
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.