Intraday Elliottwave Analysis: NZDUSD, no buy signal yet
|NZDUSD closed below short term control point at 0.6763.
According to Algo Trader System, the medium term trend still point down.
Price also closed below lower bands on H4 timeframe.
We could not rule out further downtrend toward 0.6659.
For now will use H1 bands look for some low risk entries.
If today close above 0.6765 will be the first sign of recovery.
Daily support levels: 0.6765 0.6781 0.6798
Dialy resistance levels: 0.6739 0.6726 0.6703
Intraday Trade Idea: (Spot 0.6755)
Sell Latentinterest Order: 0.6775
Buy Latentinterest Order: 0.6703
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