ew-forecast

NZDUSD Update II : NZDUSD Remains Bearish

Short
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
We assume that NZDUSD will continue south to minimum downside target level to around 0.7140 where third leg would equal to the first one. But ideally we will see an extensions down to 161.8% ideal target for wave iii especially if we consider that big trend is down on daily chart. Trend remains down as long as it trades beneath 0.7570.

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