NZDUSD the end of the Zigzag??

By SteynTrade
The NZDUSD has reached the top of the cloud. This is also the 127% extension of the Zigzag (5-3-5) corrective pattern. Further, this is the 61% retracement of the previous down move. If the cloud holds I am expecting an impulse move down in the weeks to come.
Ichimoku CloudichimokukinkohyoNZDUSDZigzag
SteynTrade

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