New Zealand Dollar is Headed South?
Divergence in Momentum Indicators imply that NZD will probably face a downward move from now on.
Note
We almost touched 1.414 level. Turns out that 4th wave progresses like a ABCDE triangle. So, I expect 4th wave to develop as a triangle, so more time consideration is needed.Note
Note
Ok, just kidding :D
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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.