Currency pair = NZD/USD

New Zealand Dollar referring to wikipedia.org :-

The dollar (currency code NZD) is the currency of New Zealand. It also circulates in the Cook Islands (see also Cook Islands dollar), Niue, Tokelau, and the Pitcairn Islands. It is normally abbreviated with the dollar sign $, or alternatively NZ$ to distinguish it from other dollar-denominated currencies. It is often informally known as the “Kiwi (dollar)” and is divided into 100 cents.

ElliottwaveSignal:

Medium term trade.

TimeFrame = 4 Hours.

Signal = Buy advice at 0.7240 area.

Risk Reward Ratio =19.0

Medium term target for Minute Wave3 at 0.7610 area.

Possible of next Elliottwave :-

Extension3 of Elliott wave.

This pattern has been defined as a trend pattern in which wave 3 is extended.It’s the most probable trend pattern to occur.
Very often wave 1 is equal to wave 5 in time and price when a third wave is extended.Often an extension is preceded
by an expended flat or a failure in the previous wave C.

Popularity: 10% [?]