Hello friends In the NZDUSD currency pair, we see the formation of a 3- or 5-wave Elliott pattern. Considering that wave 3 or C is more than 1.618 times wave 1 or A and its sub-waves are not yet completed, we expect the price to grow to the range of 2.618 times wave 1 or A. This price increase has been done with a break and pullback to the resistance level of 0.6100. Therefore, we expect the price to grow to the range of 0.6220, which is a static resistance. To support me, I recommend that you install Trading View software on your phone and see my analysis and support me with your comments and Boost. Be successful and profitable.
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