AUD/NZD is at the bottom of a corrective channel and roughly retraced the length of wave W.
So I expect Kiwi weakness will kick in soon.
Tuesday, August 23, 2016
Kiwi about to turn soon
Like EUR/NZD is set to make more gains (as I mentioned here) NZD/USD is near the topline of a ending diagonal which also suggests a turn south is coming up.
AUD/NZD is at the bottom of a corrective channel and roughly retraced the length of wave W.
So I expect Kiwi weakness will kick in soon.
AUD/NZD is at the bottom of a corrective channel and roughly retraced the length of wave W.
So I expect Kiwi weakness will kick in soon.
