The EURNZD has formed the first impulse to the downside and the second wave is close to completed. I am expecting that price will fall impulsively as indicated in the chart. This idea is only valid if price contains itself within the corrective pattern at play, so watch the top as price nears it.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.