Heres the weekly projection of movement on the NZDUSD: this pair is peeking at 0.73 due to the bullish 2016 coming to an end. Now we have already entered the correction wave of the 5:3 movement, so I am expecting price to drop to the 0.70 area before heading into consolidation at the lower level of support! As a harmonic swing trader, this will provide amble opportunity to take short positions!!
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