Two weeks back we posted NZDUSD and noted that a triangle is in play there. Well, recent turn down from above 0.6800 puts even more confidence in our outlook as price is trading down into wave D-circled it seems. However, that's still only fourth leg within a triangle formation, so we need to be aware of ranged-market for another week or two, till wave E will accomplish a fourth wave pattern. ideally bears will step-in at the start of April.NZDUSD, Daily
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