NZDUSD Is Coming Higher As Expected based on technical analysis and Elliott wave theory.
Just 10 days back on December 8th we shared an article about “the Kiwi” with ticker NZDUSD, where we mentioned and highlighted an impulsive recovery with room for more upside after a wave 4 corrective pullback. CLICK HERE
In the picture below you can also see how it looked like on our www.wavetraders.com page for our members, where we also shared a long trade.
As you can see today, the Kiwi is coming nicely higher for wave 5 of (3) and it can extend the price even up to 0.63 – 0.64 area, just watch out on higher degree wave (4) correction before a bullish continuation for wave (5).
Become a member
Get daily Elliott Wave updates for some major Digital currencies, FIAT currency markets, major stock indexes, gold, silver, crude etc. or apply for unlimited access to the Elliot Wave educational videos.
Symmetrical Triangle Propels Silver To 30. Check our latest and last video sponsored by Orbex HERE.