NZDUSD downside is accelerating
NZDUSD is extending lower below 0.6200. A break below 0.6200 again has opened the extreme downside continuation into 0.5800. We have seen a strong reversal lower recently from 0.6450 and we are still in the third wave lower which downside continuation should be intensified upon a break below 0.6100.
Note: look for the short trade entries with the stop loss above 0.6200
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