الخميس، 30 أغسطس 2012

Wave Analysis 30.08.2012 NZD/USD


NZD/USD


It looks like New Zealand Dollar is moving downwards inside wave (3). Earlier the price completed wave 2 in the form of zigzag pattern. In the future we can expect the pair to continue falling down. The short‑term target is at the level of 0.7800.




More detailed wave structure is shown on the H1 chart. The price is moving downwards and forming a descending wave (3) with the third wave inside it. Most likely, the price will continue falling down during the day.

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