NZDUSD is trading bearish, unfolding a clear impulsive structure. Current rise can be corrective wave 4, that can search for resistance near the Fibonacci ratio of 38.2. A minor five-wave drop from current levels would indicate a completed correction and wave 5 to be in progress.
Disclosure: Please be informed that information we provide is NOT a trading recommendation or investment advice. All our work is for educational purposes only.
Disclosure: Please be informed that information we provide is NOT a trading recommendation or investment advice. All our work is for educational purposes only.