Hello, i think this pair is finishing the corrective structure and will start a rally very soon.
I expected a retracement to the 0.61 fib and previous wave 4 but price could not reach that level.
Thanks to other post i see a perfect 5-0 pattern is completed right now!!!
This is the missing part of thepuzzle!! thats why i like this community.
Today we have CPI news for the NZD, this could be the catalyst.
One more information:
CURRENCY STREGHT ANALYSIS using my indicators:
- NZD extremely overbought (needs a pullback)
- AUD has more room to go to the upside
Lets see!!
Regards.
I expected a retracement to the 0.61 fib and previous wave 4 but price could not reach that level.
Thanks to other post i see a perfect 5-0 pattern is completed right now!!!
Today we have CPI news for the NZD, this could be the catalyst.
One more information:
CURRENCY STREGHT ANALYSIS using my indicators:
- NZD extremely overbought (needs a pullback)
- AUD has more room to go to the upside
Lets see!!
Regards.