Kiwi Is Slowing Down For A Correction
Oct 4, 2024

NZDUSD

We still believe the Kiwi with ticker NZDUSD is pointing higher after recent five-wave rally in the 4-hour chart, but now that is turning sharply down after a completed lower degree five-wave impulse, seems like it’s making an A-B-C corrective setback that can retrace the price back to 0.6100 – 0.6000 support area before a bullish trend resumes.

Kiwi Is Slowing Down For A Correction NZDUSD 4H Chart
NZDUSD 4H Chart

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