Kiwi Needs to Consolidate Uptrend (NZDUSD)

279
I can count a completed bullish impulse wave for NZDUSD. This implies a correction lower to at least .66 and possibly lower levels. The structure of the decline will help us determine if Kiwi falls further to 61.8% retracement or whether the 38.2% retracement holds.

Disclaimer

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.