InsideMarket

NZDUSD - Kiwi hints future depreciation of dollar.

Long
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
There is a nice five waves impulse and a correction (ZigZag for now) in play. This setup allows kiwi to appreciate over time (daily & weekly) and may be a clue for a overall trend for the dollar.

It is wise to see some price-action around the confluencies before make a move.

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