I think that NZDUSD could come back to the 78,60 % rectracement (0.65410) of the A leg which originally started in Oct 18.
It coul finish to build the B leg of the major ABC correction and would also be the c leg of the minor abc correction.
The following move could then be a big push upwards to the 127,2 % Extension of the major A leg to 0.71176 or even higher to 0.71950.
Good luck.
It coul finish to build the B leg of the major ABC correction and would also be the c leg of the minor abc correction.
The following move could then be a big push upwards to the 127,2 % Extension of the major A leg to 0.71176 or even higher to 0.71950.
Good luck.
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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.