The RBNZD will tell if this pair will have on more leg down if the rate cut occurs.
Technically we have:
- D1 trendline resistance
- short term AB=CD pattern
- Wave 4 seems complete
- ema 200 acting as support
Lets see what happens. I will come back to this setup later.
Regards.
Technically we have:
- D1 trendline resistance
- short term AB=CD pattern
- Wave 4 seems complete
- ema 200 acting as support
Lets see what happens. I will come back to this setup later.
Regards.