NZDUSD Chart Technical Outlook is heading towards the 26.8% extension at 0.6377
The single currency baskets highlight ample room for further gains in NZD and further losses in USD.
NZD/USD – I can see no technical reason for a change of trend at the 261.8% extension level, and the focus for Elliott wave enthusiasts is located at 0.6377./ bespoke support is located at 0.6182. The market is looking to complete its 5th wave. Sentiments are now Bearish but Fundamentally still more buy on the card
