NZD/USD Elliott Wave Analysis

in forex •  3 years ago 

As per Elliott Wave analysis, NZDUSD came lower recently into wave C which came out of a triangle based on a latest structure, so it appears that market can be bottoming now after a nice recovery back into that triangle range. Move is also looking impulsive so more upside can be coming after pullbacks. Support is at 0.7060.

NZDUSD 4h Elliott Wave Analysis Chart

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