EUR/NZD:Complex Correction Unfolding – Wave 2 Nearing Completion
EUR/NZD has been trapped in a sideways range since July 2024, forming what appears to be a complex correction for wave 2. If this Elliott Wave count is accurate, the current resistance zone could hold, allowing bears to step in and drive prices lower to complete the second wave.
Watch for reversal signals like engulfing candles or strong rejections before entering short positions! 📉🔥
#ElliottWave #ForexTrading #EURNZD #TechnicalAnalysis
Watch for reversal signals like engulfing candles or strong rejections before entering short positions! 📉🔥
#ElliottWave #ForexTrading #EURNZD #TechnicalAnalysis
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