There is a great chance NZD/CHF is forming a terminal pattern which might move NZD significantly down in this pair. Similar projections should be exptrapolated for EUR/NZD(bullish move). IF THERE IS A MOVE DOWN it should be very fast. Instinctively I wish I could connect one with the results of the Italian refferendum.
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Wave analysis MUST BE APPRECIATED.
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With spectacular Friday fall the picture becomes crystal clear
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