Pretty much the same picture, as with CAD, AUD, JPYNZD is another longterm sinker, but it does not appear that there is even a X Wave to save it. I have outlined Fibonacci goals in purple, invalidation is in red if shown. This is a hobby to share my ideas with you, so do not take anything I ever say for financial advice. I suggest you learn Elliot Waves and TA by yourself. In my experience Elliott Waves in combination with Fibonacci Retracements/Projections/Time and a momentum indicator of some kind gives results I am ultimately extremely happy with.
Trade closed: target reached
All targets reached by 8/1
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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.