pablo82

NZDUSD MEDIUM TERM VIEW

Short
pablo82 Updated   
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
21
This is my medium term view for NZDUSD.

We are in long corrective structure possible 3 waves type of higher degree.

Very likely we will have a triangle in B wave of higher degree.

In short term we might have good opportunity to take a short to at least 0,67700 level.

Also there is small possibility we might have a bat pattern in development however i do not expect that to happen.

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Very nice progress.
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We should have a beggining of new up wave very soon.
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Looks like rehjection at major trendline.

One more down possible and as expected
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Looks like flat correction which indicates further upmove.
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Rally continue.
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The key level to pay attention.

Reversal for one more up or total downside
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