NZDUSD : Buy around 0.71520

NZDUSD seems to be now trending inside Motive Wave 3 of the applied Elliott Wave Theory after determined by the retracement at 0.382 Fib level of the Motive Wave 1. If the price breaches Breakout01 it will reach downward and touch Reversal01 without exceeding it. Then there will be Bullish trend starting around 0.71520. Buyers can close their positions at Stop03 around 0.72250 or Stop04 around 0.72450. If the price touches without breaching Breakout01 and move upward, it will reach til Stop01 around 0.72200 or Stop02 around 0.72450.