GBPNZD - Time for a reversal lower?

Price has been rally from the low at 1.7398 since end of July to the recent high around 1.8250 region in a 3-wave structure hitting the minimum targeted expectation.

We are now expecting a correction lower potentially towards 1.7853 area.

A break below the trend line structure will confirm the downside potential on GBPNZD.