Possible next impulse for the New Zealand Dollar! After an impulsive wave that broke through previous structure and lower high point, the New Zealand Dollar has been going through a correction. Even though, we have been seeing bearish trending structure on the lower timeframes, if we zoom out then we can see that we are still trading between the previous higher...
The main trend seems to be bearish, with strong downward impulses. Since NZD bounced aggressively but I'm considering the move as corrective and I'm now looking for signs of reversal.