NZD/USD
We may assume that the pair is starting to fall down and form wave (3). Earlier, the price completed wave 2in the form of a long zigzag pattern. In the near term, we can expect New Zealand Dollar to break the local minimum.
At the H1 chart we can see several initial descending waves at a time. The price finished wave (2) several days ago. Most likely, in the nearest future the pair will continue falling down and form wave 3.
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