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HomeContributorsTechnical AnalysisNZD/USD Looks For More Upside, Above 0.679 Area

NZD/USD Looks For More Upside, Above 0.679 Area

Elliott Wave Financial Service
By Elliott Wave Financial Service

NZDUSD is nicely turning to the upside, up from 0.658 area where the complex decline looks to have found a base. In such case, more upside may be expected ideally in a five-wave rally. That said a break above the 0.679 level would confirm more upside. Also be aware of temporary pullbacks which may join the downtrend.

NZDUSD, 4h

Elliott Wave Financial Service
Elliott Wave Financial Servicehttp://www.ew-forecast.com/
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