nzdusd -- bearish but be wary
This pair is weak and has printed 5 down for a first major impulse. However it appears to be in a triangle, so if we see a new low, be wary of a reversal for a sharp wave up to complete an expanded flat.
The dollar index appears to need a move down before its next major impulse up.
The dollar index appears to need a move down before its next major impulse up.
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