NZDUSD might have made a change in trend..

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After price made a big rally to the top labelled wave 5, I have been expecting a turn around in price.
The drop that we saw from last week might signal that the bears might be taking over.

Now to join the force in control I am expecting a correction move in a form of a channel and then I can join the bears.
I am expecting price to find support at around the 50% level or the 61.8% level, even the 78.6% level can be a reliable resistance level.

Happy trading to you all.
God Bless You.

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