Elliott wave analysis on GBPNZD (2016-07-24)

GBPNZD finished a five wave up and started the correction at July 20th. Now it is coming to the bottom of the rising channel. Pay attention to whether it will get supported or break down the rising channel.

It will be a good opportunity to trade after it is confirmed.

Good luck for everyone!

Yorum:

Nice decline along the channel.