NZD/USD Could Face A Reversal Around 0.7400
Gregor Horvat | Aug 25, 2016 10:39AM ET
NZD/USD is trading lower today but can be only a temporary weakness; wave b) pullback as part of wave v-circled which may run up to 0.7360 -0.7400 area. In that zone we would expect a bearish turn in strong fashion because of an ending diagonal which is a reversal pattern.
NZD/USD, 1H
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