GBPNZD EW 60 min.
Since 21st April low this pair advanced in an impulse wave clearly the characteristic of a 3rd wave (3).
Due to a presence of 5th wave extension in the minor wave [iii], it will retrace towards 2.2050 area (not a reversal)
before resuming uptrend towards 1.6182 x (1) Fib extension.
Due to a presence of 5th wave extension in the minor wave [iii], it will retrace towards 2.2050 area (not a reversal)
before resuming uptrend towards 1.6182 x (1) Fib extension.
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