NZDUSD In A Temporary Correction, Possible Turning Point Around 0.7200

Discussion in 'Technical Analysis' started by Kaitlin, Jul 18, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    NZDUSD has made a very nice bearish turn from July highs; clearly in five waves that suggests more weakness in days to come. As such, we will be tracking an A-B-C rally very closely which could be an interesting structure to join the downtrend. Ideally market will retrace back to[​IMG]

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