We had a pullback of our first corrective wave price rejected @ the .50% retracement level. Price failed to retest that support level @.73810 signaling a change in momentum. We have a break of the lower channel and price is pushing toward an ABCD correction pattern or headed to the .618 of the whole wave count. Nice setup to watch going into next week.
Thanks
elliottwaveretracementElliott WaveNZDUSDParallel Channelstructuuresupportwaves

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