Currency Pair: NZDUSD - Updated
Frequency: Daily
Predicted Direction
NZDUSD is nearly completed the corrective wave 2 with forming the 5-3-5 Zigzag pattern. It is expected the price will hit the support zone of 0.6990 - 0.6977 to finish its last impulse wave v before going up. The first target will look at the upper 50% Fib resistance level. If the price break through the resistance zone of 0.75143 - 0.74854 then NZDUSD will further target of the higher level of 0.78320 (61.8% Fib from July 14)