NzdUsd - Mid-term Analysis
For detailed economic analysis, you can check our DXY analysis.
Technically, we expect the price, which is in an upward trend to complete the Elliott 3rd wave, to rise to the 0.6410 - 0.6470 range. If it completes the 3rd wave at these levels, we expect a drop back to the 0.63 level to complete the 4th wave. For the 5th wave, we anticipate the price to rise again to the 0.6530-0.6580 range.
Technically, we expect the price, which is in an upward trend to complete the Elliott 3rd wave, to rise to the 0.6410 - 0.6470 range. If it completes the 3rd wave at these levels, we expect a drop back to the 0.63 level to complete the 4th wave. For the 5th wave, we anticipate the price to rise again to the 0.6530-0.6580 range.
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Related publications
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.