Elliott Wave Analysis: NZD/USD Intra-Day Weakness
Gregor Horvat | Sep 26, 2017 07:33AM ET
Good day traders! Today's focus is on NZD/USD.
NZD/USD had extended weakness during Asian trading hours, which can be wave iii) headed south for 0.7190 region. Here is a nice downtrend with lower lows and lower swing highs from 0.7435, so we stay bearish for now. So If anyone remained short since last week, then keep an eye on that 0.7295 short term invalidation level.
NZD/USD, 1H
Disclosure: Please be informed that information we provide is NOT a trading recommendation or investment advice. All our work is for educational purposes only.
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