NZD to follow gold in w5 down, target 0.58
HI All,
NZDUSD is missing its wave 5 based on the available structure. I suspect we are going to see the lows below 0.62 in the next 2-3 months, so I'm short NZD. This will be in correlation with Gold which has entered its final wave down yesterday. Watch for MACD signature I'll be looking for in order to understand the trend completion.
NZDUSD is missing its wave 5 based on the available structure. I suspect we are going to see the lows below 0.62 in the next 2-3 months, so I'm short NZD. This will be in correlation with Gold which has entered its final wave down yesterday. Watch for MACD signature I'll be looking for in order to understand the trend completion.